The Mars Rover Curiosity Has Recently Found Evidence That There

question 39

Multiple Choice

The Mars rover Curiosity has recently found evidence that there was liquid water on the planet's surface at some point in its history.Because we have not found any liquid water on the planet today,what does this imply about Mars?

• A)The planet was once covered entirely in liquid water.
• B)A drought must have removed all the water from the surface.
• C)The climate was once warm enough that the polar ice caps melted.
• D)The interior of Mars must be made entirely of liquid water.

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Definitions:

Exploration Expenditures

Costs incurred in the search for mineral resources, including the cost of drilling, sampling, and preliminary surveying, before the development stage of mining operations.

Full Cost Method

The full cost method is an accounting practice used in the oil and gas industry to capitalize all costs associated with finding and developing oil and gas reserves, regardless of the outcome of those efforts.

Larger Cost Centre

An organizational unit or function within a business responsible for managing significant cost allocations for monitoring and optimizing resource usage.

AASB 6/IFRS 6 Disclosure

Requirements related to the exploration for and evaluation of mineral resources, detailing financial reporting standards for these activities.