While the Gondola Is Rising at a Speed of 2

question 43

Multiple Choice

While the gondola is rising at a speed of 2.0 m/s, a passenger in a balloon-supported gondola throws a small ball down at a speed of 5.0 m/s relative to his body. A person who measures the ball's velocity at the instant of release will find that the ball's velocity relative to the ground at that instant is

• A) 2.0 m/s, up.
• B) 3.0 m/s, down.
• C) 3.0 m/s, up.
• D) 5.0 m/s, down.
• E) 12.8 m/s, down.

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Definitions:

Specific Identification

An inventory costing method where the cost of each specific item in inventory is identified and assigned to that item.

Actual Costs

Expenses that have been incurred and recorded, contrasting with estimated or projected costs.

Management

The process of directing, controlling, and organizing resources in an organization towards achieving its goals.

Inventoriable Costs

Costs that are initially recorded as inventory on the balance sheet and recognized as cost of goods sold only when the inventory is sold.