Seafloor Sediments Are Very Important in Discovering Paleoclimate Because They________

question 37

Multiple Choice

Seafloor sediments are very important in discovering paleoclimate because they________ .

• A)show a record of temperature in the oceans, which can then be correlated to the temperature of the atmosphere
• B)contain meteorites that show when the climate had a drastic fluctuation
• C)contain the remains of organisms whose numbers and types vary with changing climate
• D)all of the above

---

Definitions:

Adjusting Events

Events after the balance sheet date that provide further evidence of conditions that existed at the end of the reporting period, requiring adjustments to financial statements.

Non-Adjusting Events

Events after the reporting period that do not provide new information about conditions existing at the end of the reporting period.

AASB 108

The Australian Accounting Standards Board standard outlining the procedures for making accounting policy changes, correcting errors, and making estimates.