Which of the Following Most Likely Makes Use of Heuristics

question 147

Multiple Choice

Which of the following most likely makes use of heuristics?

• A)a chemical equation for the synthesis of sulfuric acid
• B)a recipe for making cookies on the back of a box of cornflakes
• C)an article by a Nobel Prize winner titled "Tips for How to Succeed in Science"
• D)a computer program for keeping track of inventory at a department store

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Definitions:

Cash Basis

An accounting method recognizing revenues and expenses when cash is actually received or paid out, rather than when earned or incurred.

Selling and Administrative Expense

Expenses related to the selling of products and the management of the business, not directly tied to production.

Statement of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company.

Income Tax Expense

The amount of income tax a company is obligated to pay to the government, based on its taxable income.