Spring Tides Occur

question 84

Multiple Choice

Spring tides occur

• A) at new moon and first quarter moon.
• B) at first quarter and third quarter moons.
• C) at new moon and full moon.
• D) at third quarter and full moons.
• E) at noon and midnight.

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Definitions:

Effective Interest Rate

The true cost of borrowing that includes all fees and compounding of interest, expressed as an annual rate.

Fair Value

An approximation of the cost at which a liability or asset might be traded between informed, consenting parties in a fair transaction.

AASB 16

The Australian Accounting Standards Board standard concerning leases, requiring lessees to recognize assets and liabilities for most leases.

IFRS 16

An International Financial Reporting Standard that specifies how an organization should report leases in its financial statements.