Kelly Broke a Lamp and Was Told That She Had

question 89

Multiple Choice

Kelly broke a lamp and was told that she had been bad.Later that evening,she was told that her parents were getting a divorce.She thought that her breaking the lamp had caused the divorce.This is an example of what kind of reasoning?

• A)deductive
• B)inductive
• C)transductive
• D)reductive

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Definitions:

Management

The process of planning, organizing, leading, and controlling an organization's resources to achieve its goals.

Stockholders

Stockholders, or shareholders, are individuals or entities that legally own one or more shares of stock in a joint-stock company, making them partial owners of that company.

Variable Factory Overhead Controllable Variance

The difference between actual variable overhead and the standard cost of variable overhead that management could control or influence.

Fixed Overhead

This term refers to indirect costs of running a business that do not change with the level of production or sales, such as rent, utilities, and salaries.