Science Is a Dynamic Area of Study, Which Means Scientists

question 7

Multiple Choice

Science is a dynamic area of study, which means scientists are always:​

• A) ​repeating the same studies.
• B) ​changing the laws of nature.
• C) ​revealing new evidence.
• D) ​proving new theories.

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Definitions:

Salvage Value

The projected remaining value of an asset when it reaches the end of its operational lifespan.

Residual Value

The estimated value of an asset at the end of its useful life.

Double Declining-balance

An accelerated method of depreciation where the book value of an asset is reduced at double the rate of its straight-line depreciation each year.

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, reflecting the use and wear and tear of the asset.