When Had Modern Humans Reached Every Continent

question 26

Multiple Choice

When had modern humans reached every continent?

• A) About 20,000 years ago
• B) About 70,000 years ago
• C) About 10,000 years ago

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Definitions:

Current Liability

Financial obligations a company is required to settle within one year or within the normal operating cycle.

Long-term Liability

Long-term Liability is any financial obligation of a business that is due for a period exceeding one year, such as bonds payable, long-term loans, and lease obligations.

Premium on Bonds Payable

The amount by which the sale price of a bond exceeds its face value, representing additional cost to the issuer over the bond's life.

Bonds Payable

Long-term debt securities issued by a company to investors, indicating a promise to pay the principal amount at a specified maturity date along with periodic interest payments.