Starting with Observations About Particular Members of a Class and Then

question 20

Multiple Choice

Starting with observations about particular members of a class and then drawing general conclusions is called

• A)inductive reasoning.
• B)deductive reasoning.
• C)class inclusion.
• D)transitive inference.

Perform journal entries for cash transactions and adjustments.

Analyze and discuss internal control strengths and weaknesses.

Prepare lists and summaries related to cash handling and bank reconciliation tasks.

Understand the major components and purposes of internal control systems.