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Aleonysh [2.5K]
3 years ago
9

Stana and Rick were discussing whether Chloe, a senior HR manager at their firm, had an advanced degree. Stana surmised that sin

ce all HR managers at the firm had advanced degrees and Chloe was the most experienced HR manager, Chloe must have an advanced degree. Which type of reasoning did Stana use?a. Deduction
b. Fallacy
c. Analogy
d. Causality
Business
1 answer:
Gwar [14]3 years ago
8 0

Answer:

A. Deduction

Explanation:

Deduction or deductive reasoning is the process whereby a logical conclusion is reached from one or more statements. Deductive reasoning involves using generalization or a general fact to reach a specific and logical conclusion. In the case, the general fact is that all HR manager in the firm has advanced degree. The logical conclusion here is that since Chloe is a HR manager with the most experience, then surely she must have an advanced degree.

In summary, deductive reasoning moves from generalities to a specific streamlined logical conclusion.

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Goods in process inventory account of a manufacturing company that uses an overhead rate based on the direct labor cost has a 4,
mafiozo [28]

Answer:

Overhead absorption rate

= Overhead absorbed/Actual labour cost x 100

= $4,400/$800  x 100

= 550% of direct labour cost

Explanation:

Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.

7 0
3 years ago
A firm that is a "pure monopoly" is
vichka [17]
I believe it is A

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May is a stockbroker. Due to May's statements, Nora believes that the price of OK Goods, Inc. (OKGI), a widely traded stock, is
Anna71 [15]

Answer:

$0

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4 0
3 years ago
Lakeview Company completed the following two transactions. The annual accounting period ends December 31.
Ann [662]

Answer: Check attachment and explanation.

Explanation:

a. The question has been solved. Check the attachment.

b. LAKEVIEW COMPANY

Balance sheet (Partial)

December 31

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6 0
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Answer:

A.Earns net income by buying and selling merchandise.

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