A Father Is Helping His Daughter to Learn About Animals

question 31

Multiple Choice

A father is helping his daughter to learn about animals.He points to a robin and eagle and explains that they are birds that fly, while the ostrich and penguin are examples of birds that do not fly.He then shows her pictures of a bat and a flying squirrel and tells her that these are not birds, but that the bat can actually fly and the flying squirrel can glide through the air.The father is using _____ to help his daughter learn the concept of "bird."

• A)conceptual rules
• B)algorithms
• C)prototyping
• D)positive and negative instances

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Definitions:

Cost of Goods

The total expense incurred to create products or services sold by a company, including labor, materials, and overhead.

LIFO Method

Last In, First Out method, an inventory costing method where the last items purchased are the first ones sold.

Ending Inventory

The value of goods available for sale at the end of an accounting period, determined by a physical count or by applying the cost flow assumption.