What Causes the Pair of Tidal Bulges

question 40

Multiple Choice

What causes the pair of tidal bulges?

• A) The larger one closest to the Moon is gravitational; 180° away it is inertial.
• B) The east and west shores of the Americas pushing the water out of the way like giant mixer blades.
• C) One is caused by the pull of the moon, the other by the sun.
• D) The shape of the whole Earth gets deformed into a flattened ellipsoid by the Moon's gravity; the other bulge is due to centrifugal force bending the rocks back but delayed by a quarter revolution.

Apply the concept of fair value measurement in the context of property, plant, and equipment.

Understand the accounting treatment and journal entry recording of exchanges involving similar and dissimilar assets.

Comprehend the concept of fair value and its application in asset exchanges.

Be able to calculate and recognize gain or loss on the exchange of nonmonetary assets.

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Definitions:

Money Income

The total amount of monetary earnings received by an individual or household over a specified period, including wages, salaries, benefits, and other income sources.

Optimal Choices

Decisions that result in the best possible outcome, given any constraints or limitations faced.

Conditions Of Scarcity

A situation where the demand for a resource significantly exceeds its available supply, leading to allocation challenges.

Economics

The social science that studies how goods and services are produced, distributed, and consumed, and how individuals, businesses, and governments make choices given limited resources.