Inductive Reasoning

question 29

Multiple Choice

Inductive reasoning

• A)involves reasoning from specific instances to a general rule.
• B)leads to a certain conclusion.
• C)involves using premises to justify a conclusion.
• D)is often associated with a bias to avoid confirming evidence.

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Definitions:

Net Income

The total profit of a company after accounting for all costs and expenses, including taxes and interest.

Division

A large section or branch of a company that operates somewhat independently while remaining part of the larger entity.

Final Distribution

The process of allocating the last portion of assets or earnings among shareholders, partners, or other stakeholders after all obligations have been met.

Cash

Liquid assets held in the form of currency or bank accounts that can be readily used for transactions.