Analyze the Argument Passage Below, Addressing the Following as Appropriate

question 21

Essay

Analyze the argument passage below, addressing the following as appropriate: specify the issues addressed; identify premises and conclusions; classify as inductive or deductive; supply missing premises; separate arguments from window dressing; identify claims better left unstated.
"Sixty Minutes" has been in the top ten in the Neilsen ratings for the last twenty years. It's a safe bet it'll be there this coming season as well.

---

Definitions:

Retrospective Restatement

A correction of the recognition, measurement, and disclosure of amounts of elements of financial statements as if a prior period error had never occurred.

Recognition

The official acknowledgment or recording of something, typically an asset, expense, or revenue, within financial statements.

Disclosure

The act of making new or important information known, especially regarding the financial state or performance of a company.

Material Events

Significant events that are likely to influence financial decisions or valuations of investors and analysts, requiring prompt disclosure by the entity involved.