"If All Birds Are Warm-Blooded, and If All Canaries Are

question 33

Multiple Choice

"If all birds are warm-blooded, and if all canaries are birds, then all canaries are warm-blooded." This is an example of a(n) __________, which is a(n) __________ argument.

• A)syllogism; inductive
• B)analogy; heuristic
• C)syllogism; deductive
• D)algorithm; inductive

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Definitions:

Equipment

Assets that are tangible and used in the operation or process of a business, such as machinery, buildings, or vehicles.

Wages Expense

Wages Expense is the total cost incurred by a business for paying salaries and wages to its employees during a financial period.

Wages Payable

An account liable for recording the unpaid earnings of employees for their completed work.

Accrue

The process in accounting by which revenues and expenses are recognized when incurred, regardless of when cash transactions occur.