Natural Glass Such as Obsidian Forms When ____

question 24

Multiple Choice

Natural glass such as obsidian forms when ____.

• A)magma cools too rapidly for crystals to form
• B)pegmatite melts, moves to Earth's surface and ,re-forms
• C)magma cools too slowly for crystals to form
• D)magma has a very low silica content
• E)gas escapes through lava

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Definitions:

Tax Year

The 12-month period for which tax is calculated. It can be a calendar year or a fiscal year, depending on the taxpayer.

Depreciation Expense

A non-cash expense that reduces the value of an asset over time due to wear and tear, ageing, or obsolescence.

Schedule E

Schedule E is a form used for tax filing in the U.S. that reports income and losses from rental property, royalties, partnerships, S corporations, estates, trusts, and residual interests in REMICs.

IRS Method

A term not specifically defined but often refers to the procedures, formulas, or rules established by the IRS for calculating taxes, deductions, and credits.