Construct a Truth Table for the Statement $\sim p \wedge \sim s$

question 81

Multiple Choice

Construct a truth table for the statement.
- $\sim p \wedge \sim s$

• A)
• \(\begin{array}{ccc}
• \mathrm{p} & \mathrm{s}(\sim \mathrm{p} \wedge \sim \mathrm{s}) \\
• \hline \mathrm{T} & \mathrm{T} & \mathrm{F} \\
• \mathrm{T} & \mathrm{F} & \mathrm{F} \\
• \mathrm{F} & \mathrm{T} & \mathrm{F} \\
• \mathrm{F} & \mathrm{F} & \mathrm{F}
• \end{array}\)
• B)
• \(\begin{array}{ccc}
• \mathrm{P} & \mathrm{s}(\sim \mathrm{P} \wedge \sim \mathrm{s}) \\
• \hline \mathrm{T} & \mathrm{T} & \mathrm{F} \\
• \mathrm{T} & \mathrm{F} & \mathrm{T} \\
• \mathrm{F} & \mathrm{T} & \mathrm{T} \\
• \mathrm{F} & \mathrm{F} & \mathrm{T}
• \end{array}\)
• C)
• \(\begin{array}{ccc}
• \mathrm{p} & \mathrm{s} & (\sim \mathrm{p} \wedge \sim \mathrm{s}) \\
• \hline \mathrm{T} & \mathrm{T} & \mathrm{T} \\
• \mathrm{T} & \mathrm{F} & \mathrm{F} \\
• \mathrm{F} & \mathrm{T} & \mathrm{F} \\
• \mathrm{F} & \mathrm{F} & \mathrm{T}
• \end{array}\)
• D)
• \(\begin{array}{ccc}
• \mathrm{p} & \mathrm{s} & (\sim \mathrm{p} \wedge \sim \mathrm{s}) \\
• \hline \mathrm{T} & \mathrm{T} & \mathrm{F} \\
• \mathrm{T} & \mathrm{F} & \mathrm{F} \\
• \mathrm{F} & \mathrm{T} & \mathrm{F} \\
• \mathrm{F} & \mathrm{F} & \mathrm{T}
• \end{array}\)

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Definitions:

Fair Value Accounting

An accounting approach that measures and reports assets and liabilities at their estimated market prices.

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A situation where the value of financial institutions or assets drops significantly, often characterized by panicked selling and loss of confidence in the financial system.

Accounting Standards Codification

The collection and integration of the authoritative accounting standards for U.S. GAAP.

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The International Accounting Standards Board, responsible for developing and publishing the International Financial Reporting Standards (IFRS).