The Figure Shows an Outcrop of Sedimentary Rock Whose Strata

question 53

Multiple Choice

The figure shows an outcrop of sedimentary rock whose strata are labeled A-D. If x indicates the location of fossils of two closely related species, then fossils of their most-recent common ancestor are most likely to occur in which stratum?

• A) A
• B) B
• C) C
• D) D

---

Definitions:

ASPE

Accounting Standards for Private Enterprises; a set of accounting guidelines for private companies in Canada.

IFRS

International Financial Reporting Standards (IFRS) are a set of accounting rules and standards issued by the International Accounting Standards Board (IASB) that aim to bring consistency to financial reporting across the globe.

Condensed Income Statements

A simplified version of an income statement that presents only the most essential information, typically revenue, expenses, and net income, over a specific period.

Private Enterprises

Businesses that are privately owned and operated, and not publicly traded on stock exchanges.