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tresset_1 [31]
3 years ago
10

Employees in the defense industry have greater job security and higher pay when the country is engaged in major military conflic

ts, therefore it is good for the country to be involved in military conflicts is an example of:
Business
1 answer:
kiruha [24]3 years ago
7 0

Answer: C the fallacy of composition.

Explanation:

The Fallacy of Composition is meant to explain the false logic that people apply when they believe that because something is true of a subsection of something, then that thing must be true for the whole thing.

For instance, my phone's batter is made of lithium so my entire phone must be made of lithium.

In this scenario, the logic is that it is good to be involved in military conflict because it favors the nation if it favors a subset (employees in defense) which is flawed because other industries might suffer. This however, represents the fallacy of composition.

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D. Altering financial statement

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<u>statement of cash flows under direct method.</u>

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Cash received from customers                              835,000

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Cash flow from Investing Activities

Cash paid to acquire plant assets                          (23,000)

Loans made to borrowers                                         (5,200)

Interest and dividends received                              32,400

Proceeds from sales of plant assets                         9,000

Net Cash from Investing Activities                           13,200

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Collections on loans (excluding interest)                 4,000

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Net Cash used in Financing Activities                   (39,000)

Net Cash Flow Movement During the Year            114,200

Add Cash and cash equivalents, Jan. 1                   35,800

Cash and cash equivalents, Dec. 31                       150,000

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Show Cash flow resulting from:

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