According to the Concept of Punctuated Equilibrium, the "Sudden" Appearance

question 53

Multiple Choice

According to the concept of punctuated equilibrium, the "sudden" appearance of a new species in the fossil record means that ________.

• A) the species is now extinct
• B) speciation occurred in one generation
• C) speciation occurred rapidly in geologic time
• D) the species will consequently have a relatively short existence compared with other species

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Definitions:

Prepaid Expenses

Expenses paid in advance for goods or services to be received in the future, recognized as assets until used.

Accrued Liabilities

Liabilities for expenses that have been incurred but have not yet been paid or recorded through a standard payment transaction.

Cash Payments

Transactions where payment is made using cash, as opposed to checks, credit cards, or electronic transfers.

Credit Sales

Transactions where the buyer is allowed to pay for goods or services at a later date, extending credit by the seller.