Only One of the Statements Below Uses the Term Theory

question 9

Multiple Choice

Only one of the statements below uses the term theory in its correct, scientific sense. Which one?

• A)Evolution is only a theory, so there's no reason to think it really happened.
• B)I wrote a theory that is 152 pages long.
• C)Einstein's theory of relativity has been tested and verified thousands of times.
• D)I have a new theory about the cause of earthquakes, and I plan to start testing it soon.

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Definitions:

Deferred Revenue

Deferred Revenue is income a company has received for goods or services that have yet to be delivered or performed, recorded as a liability on the balance sheet.

Service Revenue

Income earned by a company through providing services as opposed to selling physical goods.

Salaries Payable

An account that records the amount owed to employees for work performed but not yet paid.

Payroll

The total amount paid to employees for services they provided during a certain period of time.