Why Is It Summer in the Northern Hemisphere When It

question 117

Multiple Choice

Why is it summer in the Northern Hemisphere when it is winter in the Southern Hemisphere?

• A)The Northern Hemisphere is closer to the Sun than the Southern Hemisphere.
• B)The Northern Hemisphere is "on top" of Earth and therefore receives more sunlight.
• C)The Northern Hemisphere is tilted toward the Sun and receives more direct sunlight.
• D)The Northern Hemisphere is tilted away from the Sun and receives more indirect sunlight.
• E)It isn't: both hemispheres have the same seasons at the same time.

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Definitions:

Cash Budget

A financial plan detailing a company's cash inflows and outflows over a specific period, used for managing cash flow and ensuring liquidity.

Budgeted Income Statement

A forecasted income statement showing projected revenues, expenses, and net income for a specific period.

Budgeted Balance Sheet

A financial statement projected for a future date, outlining the anticipated assets, liabilities, and equity based on planned operations and capital activities.

Budgeted Selling Price

The anticipated price at which a product is expected to be sold, as estimated during the budgeting process.