A Scientific Theory

question 25

Multiple Choice

A scientific theory

• A) is an educated guess.
• B) will never be changed.
• C) is less reliable than a hypothesis.
• D) is a general explanation for natural phenomena.

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Definitions:

Maintenance Costs

Expenses incurred to keep property, equipment, or software operational and in good working condition.

Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Sum-Of-The-Years'-Digits Method

A depreciation method that accelerates the expense recognition, basing the depreciation for each year on a decreasing fraction of the depreciable amount.

Benefits Decline

A situation where the advantages or value derived from an asset or service decrease over time.