All of the Following Statements About the Evolution of Life

question 5

Multiple Choice

All of the following statements about the evolution of life on Earth are TRUE,EXCEPT

• A) evolution has involved several mass extinctions followed by periods of diversification.
• B) the first diversification of animal life occurred during the Cenozoic era.
• C) when life colonizes new habitats,it rapidly diversifies into new species.
• D) the dinosaurs most likely went extinct when a huge asteroid crashed into Earth.
• E) oxygen only became abundant in the atmosphere as a result of the evolution of photosynthetic organisms.

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Definitions:

Functional Currency

The primary currency of the primary economic environment in which an entity operates and carries out its transactions.

Foreign Subsidiary

A company owned in part or whole by another company from a different country, operating under the laws of the country where it is located.

Cash

Money in the form of bills or coins, available for transactions or as part of an organization's liquid assets.

Functional Currency

The primary currency used by a business entity in its financial statements, reflecting the economic environment in which it primarily operates.