Thought That Is Intuitive, Haphazard, Associative, or Personal Is Termed

question 310

Multiple Choice

Thought that is intuitive, haphazard, associative, or personal is termed __________ thought.

• A)inductive
• B)deductive
• C)logical
• D)illogical

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Definitions:

Operating Activities

Generally speaking, activities that affect current assets, current liabilities, or net income.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not considered cash equivalents.

Cash Flow

The total amount of money being transferred into and out of a business, representing the operational, investing, and financing activities over a period.

Long-term Debt

Financial obligations or loans that are due for repayment beyond a period of one year.