A Great Circle Is

question 73

Multiple Choice

A great circle is

• A)any parallel of latitude.
• B)the longest distance between two places on the surface of Earth.
• C)a circle of circumference whose center coincides with the center of Earth.
• D)a correct magnetic compass direction on a flat map.
• E)the same as a rhumb line.

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Definitions:

Dividends Account

An account used in bookkeeping that tracks dividends declared by a company to be paid out to its shareholders.

Temporary Account

An account used to collect balances over an accounting period that are then transferred to a permanent account.

Stockholders' Equity

The remaining interest in a company's assets after all liabilities are subtracted, indicating ownership.

Real Accounts

Accounts that represent assets, liabilities, and equity, remaining open to accumulate financial information over several periods.