Which of the Following Is Correct Regarding Alfred Wegener's Theory

question 34

Multiple Choice

Which of the following is correct regarding Alfred Wegener's theory of continental drift?

• A)It was immediately adopted because of his geological background.
• B)Although he provided a mechanism for continental drift,he could not find evidence of it.
• C)Though it was later shown to be quackery,it nonetheless spurred innovations in scientific research.
• D)He believed that 225 million years ago all the continents were joined together to form Pangaea.
• E)It was based largely on conjecture with little basis in observable evidence.

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Definitions:

Financial Period

A specified duration of time used for financial reporting and accounting purposes, typically one year or one quarter.

Revaluation Surplus

Revaluation surplus is an accounting term that refers to the increase in value of an asset, recognized after its revaluation exceeds its previously recorded value.

Retained Earnings

The accumulation of a company's net profits less any dividends paid to shareholders over its lifetime, reflecting the company's reinvestment back into operations.

Plant Derecognition

Occurs when a fixed asset is removed from the financial statements because it has been disposed of, sold, or is no longer in use and does not provide future economic benefits.