What Is a Galactic Halo

question 8

Multiple Choice

What is a galactic halo?

• A) system of arcs and other gas clouds surrounding a galactic nucleus
• B) system of satellite galaxies surrounding the Milky Way Galaxy
• C) spherical distribution of stars and globular clusters centered on a nuclear bulge
• D) large disk of stars and molecular clouds extending outward from a nuclear bulge

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Definitions:

Credit Balance

A situation in accounting where the total credits in an account exceed the total debits, commonly seen in liability accounts.

Doubtful Accounts

Doubtful accounts are receivables that a company believes might become uncollectible in the future, leading to their designation as a bad debt expense.

Sales Discounts

Reductions to the selling price of goods or services, offered to customers to encourage prompt payment or to incentivize bulk purchases.

Accrual Basis

An accounting method where revenue and expenses are recognized when they are earned or incurred, regardless of when cash transactions occur.