The Fossil Fish Tiktaalik Made Headlines in 2005 Because It

question 32

Multiple Choice

The fossil fish Tiktaalik made headlines in 2005 because it ________.

• A)was preserved with a hook in its mouth and represents the oldest evidence of human fishing
• B)was the largest shark ever recovered from the fossil record
• C)represents a transitional form between lobe-finned fish and terrestrial vertebrates
• D)was found alive in the modern deep ocean;previously,the fish was thought to be extinct

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Unamortized Patent

The portion of a patent's purchase cost that has not yet been expensed through amortization in the income statement.

Consolidation

The process of combining financial statements of separate subsidiaries, divisions or entities within an organization into a single, comprehensive financial statement.

Buildings Account

An account in the financial statements that represents the value of a company's buildings as assets.

Unamortized Patent

The cost of a patent that has not yet been gradually written off as an expense over its useful life.