Rewrite the Statement in the Form "If P, Then Q

question 292

Multiple Choice

Rewrite the statement in the form "if p, then q".
-Practice is necessary for making the team.

• A)If you didn't make the team, you didn't practice.
• B)If you practice, then you will make the team.
• C)If you make the team, then you must have practiced.
• D)If you make the team, then you will have to practice.

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Definitions:

Residual Equity

The amount of equity remaining for shareholders after all liabilities have been deducted from total assets.

Owner's Equity

The assets left over in a business once liabilities are cleared, showing the equity of owners or shareholders.

Spoils

Goods that are damaged or unusable during the production process and cannot be sold to customers.

Monetary Unit Assumption

A financial accounting concept that believes transactions and events can be quantified in terms of money.