The Longest Days of the Year in the Northern Hemisphere

question 94

Multiple Choice

The longest days of the year in the northern hemisphere are experienced during the

• A)time of 24-hour days at the South Pole.
• B)vernal equinox.
• C)winter solstice.
• D)autumnal equinox.
• E)time that the Sun is directly overhead at the Tropic of Cancer.

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Definitions:

Total Expenses

The cumulative amount of all costs and expenses incurred by a business during a specified reporting period.

Spending Variance

The difference between the actual amount of money spent and the budgeted amount for a particular cost category or department.

Planning Budget

A planning budget is used for guiding a company's spending and operational goals before the start of a financial period.

Other Expenses

Financial outlays that do not fit into standard cost categories, often including unusual or infrequent costs.