Examlex
If a company chooses the option to report its bonds at fair value, then it reports changes in fair value in its income statement unless the changes are attributable to changes in credit risk.
Deductive Steps
Logical steps that follow from one to another with certainty, often used in mathematical proofs and logical reasoning.
Inductive Steps
The process in inductive reasoning or mathematical proof where generalizations are made based on specific instances or patterns.
Argument
A set of statements wherein one or more of the statements (premises) are claimed to provide support for, or reasons to believe, one of the others (the conclusion).
Proposition
A statement or assertion that expresses a judgement or opinion, which can be true or false.
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