Evaluate the Following Analogical Argument

question 54

Essay

Evaluate the following analogical argument:
From a letter to the editor: "Harry Kryshnah lost the last election because he supported handgun control. So now he's changed his tune and claims he'll be the first one to oppose handgun control. I voted for him last June, but I won't vote for him this time, and it's not because I favor handgun control. I just don't want a governor who can talk out of both sides of his mouth like that."

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Definitions:

Periodic System

An inventory system in which the inventory level is updated and cost of goods sold is calculated at the end of an accounting period.

Perpetual Inventory

An inventory management system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Periodic System

An accounting method used for tracking inventory where updates to the inventory account are made periodically, typically at the end of an accounting period.

LIFO Inventory

A method of inventory valuation where the last items to be added to the inventory are the first ones to be used or sold, assuming that the cost of goods sold is based on the most recent prices.