When You Use Inductive Reasoning, You Reason from Specific Facts

question 255

Multiple Choice

When you use inductive reasoning, you reason from specific facts and construct a general principle from these facts. Thus, inductive reasoning is similar to

• A)bottom-up processing.
• B)top-down processing.
• C)perceptual expectancy.
• D)perceptual habituation.

---

Definitions:

Customers Pay

refers to the transactions where customers remit payment for goods or services received from a business.

Prepaid Freight

Costs paid by a shipper in advance for shipment of goods, indicating that the sender bears the freight charges.

Cash Discount

A reduction in the invoice price offered to buyers as an incentive for early payment.

Wholesalers

Companies that sell merchandise to other businesses rather than to the public.