Which of the Following Is True of the Length (As

question 76

Multiple Choice

Which of the following is true of the length (as measured in kilometers) of a degree of latitude?

• A)it is consistent at all latitudes.
• B)it is longer near the equator than near the poles.
• C)it is shorter near the equator than near the poles.
• D)it is shorter near the prime meridian than near the international dateline.
• E)it decreases by 15 minutes for each degree north of the equator.

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Definitions:

Non-Controlling Interest (NCI)

Equity interest in a subsidiary not attributable to the parent company, reflecting the minority shareholders' stake in the subsidiary's net assets.

Consolidated Balance Sheet

A financial statement showing the total assets, liabilities, and equity of a parent company and its subsidiaries as if they were a single entity.

Fair Value Enterprise Method

A valuation technique that estimates the price at which an asset or liability would be exchanged in an orderly transaction between market participants at the measurement date.

Consolidated Balance Sheet

A financial statement that summarizes the assets, liabilities, and equity of a company and its subsidiaries as a single entity.