Which One of the Following Is the Best Example of Critical

question 35

Multiple Choice

Which one of the following is the best example of critical thinking as it is described in the textbook?

• A) Lorenzo complains to his teacher, "When the textbook discusses the importance of recycling, it doesn't explain how the advantages outweigh the disadvantages."
• B) Justin says to his friend Victor, "I think I can guess why you're feeling sad today."
• C) Muriel asks her teacher, "Why do we have to start school so early in the morning? I have trouble thinking clearly before ten o'clock in the morning."
• D) Rachel mumbles to herself as she reads her history book, "Why does the year 1929 sound so familiar? Oh, yes, now I know. That's the year the stock market crashed."

---

Definitions:

Intangibles

Non-physical assets possessed by a business, such as patents, trademarks, and copyrights, which have value due to the rights or information they convey.

Indefinite Lives

An accounting classification for intangible assets that are not amortized because their economic benefits are expected to be realized over an unlimited or indeterminate period of time.

Internally Developed Goodwill

The unrecorded goodwill an organization develops internally through activities like brand name development, customer relations, and intellectual property, not reflected on the balance sheet because it is not acquired.

Capitalized

Refers to costs that are recorded as an asset on the balance sheet instead of being expensed immediately, in anticipation of future benefit.