What Has the Earth's Average Surface Temperature Been for the Past

question 91

Multiple Choice

What has the Earth's average surface temperature been for the past 900 000 years? 

• A) fairly steady temperatures until recently 
• B) a steady warming trend 
• C) fairly steady with occasional cool spells 
• D) many fluctuations of several degrees Celsius

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Definitions:

Variable Costing

A financial recording approach that incorporates only variable manufacturing expenses, such as raw materials, direct workforce, and fluctuating production overheads, into the costs of goods produced.

Net Operating Income

A financial term representing the profit made from a company’s operations, after subtracting operating expenses from operating income.

Absorption Costing

The product cost determination method under this accounting strategy includes the expenses for direct materials, direct labor, and all manufacturing overhead, whether it is variable or fixed.

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.