We Can Judge from the Various Kinds of Maps Shown

question 109

Multiple Choice

We can judge from the various kinds of maps shown in this chapter that

• A) fairly accurate navigational maps could only be produced after the start of the Industrial Revolution.
• B) the first "true" maps appeared because of modern printing presses in the 20th century.
• C) sailors during the European Renaissance had paper maps that were far more useful to them than were the "stick charts" possessed by Polynesian sailors and fishers.
• D) maps have appeared in many forms in different societies and times, including modern paper maps, GPS in cars, the "stick charts" of Polynesia, and the carved maps of ancient Turkey.
• E) maps that distort the sizes of Greenland and Antarctica are generally the best, although they make Africa and South America appear to small while simultaneously expanding the size of Europe.

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Definitions:

Fair Value

An estimate of the appropriate value of an asset or liability based on current market conditions.

Available-For-Sale

A classification for financial assets implying that they can be sold in the future; these assets are not necessarily held till maturity and their unrealized gains or losses are generally reported in other comprehensive income.

Trading Debt Securities

Refers to the buying and selling of debt instruments such as bonds in the financial markets, aiming for profits from changes in their prices.

Accounting Differences

Discrepancies that arise between accounting practices, often due to different standards or interpretations.