Which Statement Correctly Locates the Formation of the Earth and the Appearance

question 84

Multiple Choice

Which statement correctly locates the formation of the Earth and the appearance of the first humans on the cosmic calendar, which compresses the 14- billion year history of the universe into one "year," where "now" is exactly midnight, Dec 31?

• A)Earth forms in early September, life begins in November, and humans appear on Dec 15.
• B)Earth forms in early September, life begins in late September, humans appear a few hours before midnight, Dec 31.
• C)Earth forms in January, life begins in April, and humans appear in early December.
• D)Earth forms in January, life begins in September, and humans appear in October.

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Definitions:

Cost Model

An accounting method used to value an asset based on its historical cost minus any accumulated depreciation.

Revaluation Model

An accounting method that allows for the upward adjustment in the carrying value of a fixed asset to reflect its current market value.

AASB 6 Scope

Refers to the coverage or applicability boundaries of the AASB (Australian Accounting Standards Board) 6, which deals with the exploration for and evaluation of mineral resources.

Exploration Expenditures

Costs incurred in the search for mineral resources, including the cost of drilling, sampling, and preliminary surveying, before the development stage of mining operations.