If the Sun Were to Be Instantly Replaced by a 1

question 57

Multiple Choice

If the Sun were to be instantly replaced by a 1 M_SUN black hole, the gravitational pull of the black hole on Earth would be

• A) much greater than it is now.
• B) the same as it is now.
• C) much smaller than it is now.
• D) larger or smaller, depending on the location of the Moon.
• E) irrelevant, because Earth would quickly fall into the Sun and be destroyed.

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Definitions:

Revenue Recognition

Revenue recognition is the accounting principle that outlines the specific conditions under which revenue is recognized or accounted for, typically when goods or services are delivered and the payment is assured.

Performance Obligation

A duty or task that a company must execute to transfer goods or services to a customer under the terms of a contract.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board.

Accrual

The accounting principle of recording revenues and expenses when they are incurred, regardless of when cash transactions occur.