What Forces Cause the Earth to Assume the Shape of an Oblate

question 26

Multiple Choice

What forces cause the Earth to assume the shape of an oblate ellipsoid?

• A)Gravity
• B)Earth's rotation on its axis
• C)Earth's revolution around the Sun
• D)Tectonic forces
• E)Gravitational influence of the Moon

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Definitions:

FIFO

"First In, First Out," an inventory valuation method where goods first added to inventory are the first to be sold or used.

Gross Profit

A company's revenue minus its cost of goods sold, indicating the efficiency of its core operation excluding overhead.

LIFO

"Last In, First Out," an inventory valuation method where the last items added to inventory are the first to be used or sold.

Periodic Inventory System

An inventory accounting system where the inventory on hand is determined by physical count at the end of the accounting period, used to update inventory records and cost of goods sold.