In a Speech to the Neighborhood Watch Group,Mr

question 8

Multiple Choice

In a speech to the neighborhood watch group,Mr.Simmons made the following statement: "If you see someone running down the sidewalk in our neighborhood and you don't recognize that person,you can assume that person has committed some type of crime.You must act immediately.Don't hesitate for a second.Call 911." Some members of the audience recognized this statement as an example of

• A)a causal fallacy.
• B)ad hoc reasoning.
• C)deductive reasoning.
• D)a bandwagon fallacy.

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Definitions:

Contra Accounts

Accounts used to offset or reduce the balance of another account, usually appearing on the balance sheet.

Merchandiser

A business or person that purchases goods for resale at a profit.

Debit Balances

Accounts on the left side of the double-entry bookkeeping system that typically include assets and expenses, increased by debits.

Adjusted Trial Balance

A statement showing the balances of all accounts, including adjustments, at the end of an accounting period to ensure the total debits equal total credits.