Which of the Following Is TRUE of Heuristics

question 16

Multiple Choice

Which of the following is TRUE of heuristics?

• A)In cases where algorithms are not available,we may use heuristics.
• B)If applied appropriately,a heuristic guarantees a solution to a problem.
• C)Heuristics never lead to errors.
• D)Heuristics decrease the likelihood of success in finding a solution.

---

Definitions:

Tax Revenue

Income that the government receives from taxpayers, including both individuals and businesses, used to fund public services and obligations.

Tax Concessions

Special exemptions, deductions, or credits provided in the tax code to encourage certain business activities or investments.

Qualitative Characteristics

The attributes that make the information provided in financial statements useful to users, such as relevance and reliability.

Financial Reports

Documents that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.