Is the Following Syllogism Valid? Either There Is an Accounting

question 104

Multiple Choice

Is the following syllogism valid? Either there is an accounting error, or some of our members are not paying their dues.
All of our members are paying their dues.
There is an accounting error.

• A)Yes.
• B)No, because the disjunctive premise is not in standard form.
• C)No, because the second premise does not deny any of the disjuncts.
• D)No, because even if the premises are true, the conclusion could be false.
• E)It depends on your view of existential import.

---

Definitions:

Absorption Costing

An accounting practice that includes the total manufacturing costs, which are direct materials, direct labor, and manufacturing overhead (both variable and fixed), in the valuation of a product.

Net Operating Income

A financial metric representing a company's income after operating expenses but before interest and taxes.

Absorption Costing

A bookkeeping approach that incorporates all production expenses—direct materials, direct labor, and both variable and fixed overhead—into the product's cost.

Net Operating Income

The profit generated from normal business operations, excluding extraordinary items and expenses like taxes.