-Which Wavelength of Light Is the First to Be Absorbed

question 128

Multiple Choice

-Which wavelength of light is the first to be absorbed by seawater?

• A)red
• B)orange
• C)yellow
• D)blue

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Definitions:

Completed-transaction Method

A method of recognizing revenue only when all activities related to a transaction are completed.

GAAP

Generally Accepted Accounting Principles, a set of rules and guidelines that companies follow to ensure their financial statements are consistent and transparent.

Right of Return

A policy that allows customers to return purchased goods within a specific period for a refund, exchange, or credit.

Revenue Recognition

The accounting principle detailing the specific conditions under which revenue is recognized and recorded.