Which of the Following Geologic Principle Is Directly Applicable to a Fossil

question 31

Multiple Choice

Which of the following geologic principle is directly applicable to a fossil found in specific sedimentary layers of the Grand Canyon such as a trilobite in the Tapeats Sandstone?

• A) The principle of superposition states that a species of fossil succeed one another through time in a definite and recognizable order and the relative ages of sedimentary rocks are identifiable based on their fossils
• B) The principle of crosscutting relationships states that a species of fossil succeed one another through time in a definite and recognizable order and the relative ages of sedimentary rocks are identifiable based on their fossils
• C) The principle of original horizontality states that a species of fossil succeed one another through time in a definite and recognizable order and the relative ages of sedimentary rocks are identifiable based on their fossils
• D) The principle of included fragments states that a species of fossil succeed one another through time in a definite and recognizable order and the relative ages of sedimentary rocks are identifiable based on their fossils
• E) The principle of faunal succession states that a species of fossil succeed one another through time in a definite and recognizable order and the relative ages of sedimentary rocks are identifiable based on their fossils

Understand the relevance of expectancy theory, especially concerning self-efficacy and individual performance.

Understand how to classify costs as product costs or period costs.

Calculate the Cost of Goods Sold (COGS) for companies.

Distinguish between variable costs and fixed costs.

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Definitions:

Financial Statements

Financial statements are formal records that outline the financial activities and condition of a business, entity, or individual, encompassing the balance sheet, income statement, and cash flow statement.

General Journal

The primary bookkeeping record in double-entry accounting, used to record all transactions by date, before they are posted to individual accounts in the general ledger.

Book of Original Entry

The Book of Original Entry refers to the initial record where financial transactions are documented chronologically.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.