In What Location on Earth Could an Eager Math Student

question 12

Multiple Choice

In what location on Earth could an eager math student NOT use her solar-powered calculator at any time at all during the course of a day in June?

• A) the North Pole
• B) the equator
• C) the South Pole
• D) anywhere on the International Date Line
• E) none of the above

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Definitions:

Disbursement Basis

An accounting method where expenses are recorded when cash is paid out rather than when the expense is incurred.

Consolidation

The merging of assets, liabilities, and other financial items of two or more entities to form a single, combined financial statement.

Investment

Allocation of resources, usually money, in assets or projects expected to generate income or profit in the future.

Expenditure

The action of spending funds or expenses incurred by an entity in the course of its operations.