verifiability

Throughout the years, philosophers and psychologists have striven to solve the mind-boggling question of learning by juxtaposing the two competing theories, namely, empiricism and rationalism. They have usually opted for one and ruled out the other on the grounds that it cannot account for learning because theoretical and empirical evidence discredits it. Since 1965, with the publication of Chomsky's Aspects of the Theory of Syntax in which, he explicitly introduces the notion of Universal Grammar and implicitly employs the term to support Fodor's philosophical view of learning in terms of 'language of thought', the rationalistic arguments seem to have taken over this never-ending and perpetual battle. Here in this article, it is argued that despite its popularity among a good number of scholars, the rationalistic account of learning suffers from serious flaws. A conglomerate of empirical and theoretical evidence challenges the notion of 'language of thought'. Self-interpretive power of the language of thought, inaccessibility of cognitive theories to truth conditional meaning, meaningful experiences, inability to test memory, problems with modularity and regulation are simply some of the arguments that might be raised against the idea of 'language of thought'. Finally, a framework for the acquisition of language is presented.

Financial statements should have general objectives rather than specific group interests. The possibility of forecasting earnings based on seasonal performance instead of the previous year's earnings and in terms of the contradiction between timeliness and the ability to verify earnings can be a new and thought-provoking issue. The present study examines stock price drift from the content of projected earnings forecast for quarterly operations. The research hypotheses were tested through univariate regression, multivariate regression and correlation coefficient tests using Eviews software. Findings of this study indicate that 1- Profit forecast based on quarterly performance has more verifiability than the previous year (profit stability). 2- The Verifiability of the year profit is more than the profit forecast based on the 9-month performance. 3- Stock price drift is expected on the day after the announcement of earnings and there are changes in earnings compared to the forecast of the previous season. 4- No relationship was observed between the volumes of shares traded the next day and the announcement of the forecasted profit and the changes in the profit compared to the forecast of the previous season.