Galileo's Celestial Observations Proved That

question 31

Multiple Choice

Galileo's celestial observations proved that

• A)the moon looked the same through a telescope as to the naked eye.
• B)Jupiter has moons,or satellites.
• C)Aristotle's calculations were essentially correct
• D)the universe was about the size of Ptolemy's figures.

Understand the concepts and components of a balanced scorecard.

Identify the role and construction of performance metrics and targets within organizational strategy.

Differentiate between leading and lagging indicators.

Recognize the impact of cognitive biases on strategic decision-making.

---

Definitions:

Deferred Income Taxes

The accounting concept that recognizes the tax effect of transactions in different periods than when the transactions actually occur.

Effective Tax Rate

The average rate at which an individual or corporation is taxed, calculated by dividing the total tax paid by the taxable income.

Bond Premium

The amount by which the market price of a bond exceeds its face value.

Goodwill Impairment

A decrease in the value of goodwill, which occurs when the carrying amount of a company's goodwill exceeds its fair value.