Write the Inverse of the Conditional Statement

question 13

Multiple Choice

Write the inverse of the conditional statement.
If I get a speeding ticket, my parents do not pay for my insurance.

• A)If I get a speeding ticket, my parents pay for my insurance.
• B)If my parents pay for my insurance, I do not get a speeding ticket.
• C)If I do not get a speeding ticket, my parents pay for my insurance.
• D)If my parents do not pay for my insurance, I get a speeding ticket.

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Definitions:

Accrual Basis

An accounting method where transactions are recorded when they are earned or incurred, regardless of when cash is exchanged, offering a more accurate financial picture.

Cash Basis

An accounting method where revenues and expenses are recorded when they are actually received or paid, not when they are incurred.

Cash Receipts

The total amount of cash received by a business during a specified period.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business, used to evaluate its financial health.