Pascal Argues That If We Do a Cost-Benefit Analysis of the Matter

question 1

True/False

Pascal argues that if we do a cost-benefit analysis of the matter, it turns out that it is eminently reasonable to get ourselves to believe that God exists, regardless of whether we have good evidence for that belief. The argument goes something like this: Regarding the proposition "God exists," reason is neutral. It can neither prove nor disprove it. But we must make a choice on this matter because not to choose for God is in effect to choose against God and lose the possible benefits that belief would bring. Because these benefits of faith promise to be infinite and the loss equally infinite, we must take a gamble on faith.
-Pascal says that by believing in God, we have everything to gain and nothing to lose.

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Definitions:

Indirect Method

A method of reporting the cash flows from operating activities as the net income from operations adjusted for all deferrals of past cash receipts and payments and all accruals of expected future cash receipts and payments.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Direct Method

The Direct Method in accounting refers to a way of reporting cash flows from operating activities by directly listing major classes of gross cash receipts and payments.

Operating Activities

The primary revenue-generating activities of a business which include production, sales, and delivery of the company’s main goods and services.