No Matter Where You Live on Earth,except the Poles,your Meridian

question 98

True/False

No matter where you live on Earth,except the poles,your meridian extends from due south on your horizon,through your zenith,to due north on your horizon.

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Definitions:

Bad Debt

Money that has been lent or credited but is unlikely to be repaid and is therefore considered a loss.

Write-off

An accounting practice where the value of an asset is reduced to zero, reflecting its irrecoverability.

Write-down

An accounting term referring to the reduction in the book value of assets when their fair market value has fallen below the previously recorded cost.

Accounting Systems

Procedures and systems used by a business to keep track of its financial transactions and prepare financial statements.