What Observation Did Albert Einstein Once Make About Science

question 143

Multiple Choice

What observation did Albert Einstein once make about science?

• A)"The whole of science is nothing more than a refinement of everyday thinking."
• B)"The whole of science is nothing more than an interesting intellectual exercise."
• C)"In order to understand science, one must rely solely on abstraction."
• D)"In order to understand science, one must transcend everyday thinking."

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Definitions:

Perpetual Inventory System

A method of accounting for inventory that records sales and purchases of inventory instantly through the use of computerized point-of-sale systems and enterprise asset management software.

FIFO

An inventory valuation method that assumes the first items placed in inventory are the first sold (First In, First Out).

Cost of Goods Sold

Specific costs directly linked to the creation of products sold by a business.