If a Geologist Found Preserved Mud Cracks,they Could Conclude That

question 26

Multiple Choice

If a geologist found preserved mud cracks,they could conclude that the environment in which they formed

• A) was once covered in wet mud.
• B) was once covered by a glacier.
• C) has been subjected to a major climate change event.
• D) was the site of a mass extinction event.

---

Definitions:

Cash Flow Hedge

A form of hedge accounting that aims to reduce the exposure to variability in cash flows related to a specific risk.

Foreign Currency Option

A financial derivative that gives the holder the right, but not the obligation, to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.

Fair Value

The cost at which one could sell an asset or assume a liability in a structured exchange with market participants on the valuation date.