Examlex

Solved

A Large Asteroid Impact Would Probably Cause a Mass Extinction

question 33

Essay

A large asteroid impact would probably cause a mass extinction, but an airburst might be more of a worry for people. Why?


Definitions:

Gross Cost

The total cost incurred before deducting any discounts, allowances, or rebates.

Operating Assets

Assets that are used for the day-to-day functioning of a business, excluding investment and non-operational assets.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by the cost of the investment.

Responsibility Accounting System

A system of accounting that involves assigning revenues and costs to the individuals or departments that are directly responsible for them.

Related Questions