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Directions: Apply the knowledge you have gained from Chapter 11 to select the best answer to the questions about the following reading passages.
In 1863 Secchi studied 4,000 different star patterns and concluded that every star in the sky could be categorized into one of five classes based on unique patterns. At the time, such a classification was revolutionary. It formed a new understanding of the universe. Today, Secchi's system of classification is considered out of date, and a more detailed classification system has emerged, grouping stars into seven classes based on surface temperature, color, and size.
What inference can be drawn from the passage?
Patents
Legal rights granted to inventors, allowing them exclusive use and exploitation of their inventions for a certain period.
Unrealized Intercompany Profits
Profits arising from transactions between entities within the same group that have not yet been realized by selling the goods or services to an external party.
Cumulative Dividends
Dividends on preferred shares that accumulate and must be paid out before any dividends can be distributed to common shareholders.
Consolidated Cost
The total cost that combines figures from various subsidiaries of a parent company into one aggregated total.
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