The Clockwise Gyre of Surface Ocean Currents in the North

question 82

Multiple Choice

The clockwise gyre of surface ocean currents in the North Atlantic results in

• A) warmer water on Atlantic beaches of North America than Pacific beaches of the same latitude.
• B) cooler water on Atlantic beaches of North America than Pacific beaches of the same latitude.
• C) a clockwise gyre in the South Atlantic.
• D) a circumpolar flow of water in the Northern Hemisphere.
• E) prevailing trade winds.

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Definitions:

Par Value Method

An accounting method used for issuing shares that assigns a nominal value (par value) to the shares, which may affect the accounting treatment of share issues.

Retiring Treasury Stock

The act of permanently removing previously bought-back shares (treasury stocks) from the market, reducing the company's available shares and total equity.

Cost Method

An accounting approach used for recording investments, where the investment is recorded at its acquisition cost and adjustments are made for dividends or significant changes in value.