Note: the Solutions to Most of the Multiple Choice Questions $\begin{array} {| l | }\hline \alpha\\\hline \text {1 }\\\hline \text {0 }\\\hline\end{array}$

question 201

Essay

Note: the solutions to most of the multiple choice questions in these sections use what call the standard assignment of truth values to atomic propositions. The standard assignment of truth values assigns the values given here to the variables in the wffs in the exercises, when read left to right. So, the first variable in the formula read left to right gets the α assignment; the second variable in the formula read left to right (if any) gets the β assignment; the third variable in the formula read left to right (if any) gets the γ assignment; and the fourth variable in the formula read left to right (if any) gets the δ assignment.
For exercises with only one propositional variable, the standard assignment is:
$\begin{array} {| l | }\hline \alpha\\\hline \text {1 }\\\hline \text {0 }\\\hline\end{array}$

For exercises with two propositional variables, the standard assignment is:
$$\begin{array} { | c | c | } \hline \mathbf { n } & \boldsymbol { \beta } \\\hline 1 & 1 \\\hline 1 & 0 \\\hline 0 & 1 \\\hline 0 & 0 \\\hline\end{array}$$
For exercises with three propositional variables, the standard assignment is:
$$\begin{array} { | c | c | c | } \hline \alpha & \beta & \gamma \\\hline 1 & 1 & 1 \\\hline 1 & 1 & 0 \\\hline 1 & 0 & 1 \\\hline 1 & 0 & 0 \\\hline 0 & 1 & 1 \\\hline 0 & 1 & 0 \\\hline 0& 0 & 1 \\\hline 0 & 0 &0\\\hline\end{array}$$
For exercises with four propositional variables, the standard assignment is:
$\begin{array}{|c|c|c|c|}\hline\alpha & \beta & \gamma & \delta \\\hline 1 & 1 & 1 & 1 \\\hline 1 & 1 & 1 & 0 \\\hline 1 & 1 & 0 & 1 \\\hline 1 & 1 & 0 & 0\\\hline 1 & 0 & 1 & 1 \\\hline 1 & 0 & 1 & 0 \\\hline 1 & 0 & 0 & 1 \\\hline 1 & 0 & 0 & 0 \\\hline 0 & 1 & 1 & 1 \\\hline 0 & 1 & 1 & 0 \\\hline 0 & 1 & 0 & 1\\\hline 0 & 1 & 0 & 0 \\\hline 0 & 0 & 1 & 1 \\\hline 0 & 0 & 1 & 0 \\\hline 0 & 0 & 0 & 1 \\\hline 0 & 0 & 0 & 0\\\hline\end{array}$
Complete truth tables for each of the following propositions.
-(K ? L) ? (?K ?L)

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Definitions:

Net Income

The net profit of a company calculated after expenses and tax deductions from its total revenue.

Net Loss

The amount by which total expenses exceed total revenues in a company, indicating a financial loss.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Income Summary

An account used in the closing process that summarizes the revenues and expenses for a specific accounting period before transferring the net income to retained earnings.