Which of the following statements is true of the methods of proof?
A) Unlike the indirect method of proof, the direct method of proof is based on inference rather than personal knowledge.
B) The indirect method of proof provides a lesser level of uncertainty compared to the direct method of proof.
C) Unlike the indirect method of proof, the direct method of proof is built on circumstantial evidence.
D) The indirect method of proof is easier to refute compared to the direct method of proof.
Question 2
If Income Summary has a credit balance after closing revenue and expense accounts, this indicates a net loss.
a. True
b. False
Indicate whether the statement is true or false
True Friendship
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