The Socratic Method Consisted of

question 15

Multiple Choice

The Socratic method consisted of

• A) drawing philosophical conclusions from scientific observations.
• B) lecturing to people on the basic principles for successful living.
• C) surveying public opinion and embracing the collective wisdom of the majority.
• D) asking questions of people and then questioning their answers.

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Definitions:

Debit Side

The debit side of an account records increases in assets or expenses and decreases in liabilities, equity, and income.

T Account

A visual representation of a general ledger account that helps in understanding the effects of transactions on each account.

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Credit Side

The right side of an accounting ledger where credits are recorded, typically indicating an increase in liabilities or revenues or a decrease in assets or expenses.