The Statement ''Our Universe Is but One of a Multitude

question 1

Multiple Choice

The statement ''our universe is but one of a multitude of isolated universes'' is best characterized as a:

• A) speculative but unscientific idea because it is not testable and therefore not falsifiable.
• B) scientific fact.
• C) physical law.
• D) hypothesis that is currently being tested.

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Definitions:

Interest Payable

A liability account on a company's balance sheet representing the amount of interest expense that has been incurred but not yet paid.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period for a more accurate financial report.

Salaries Payable

An accounting liability representing the amounts owed to employees for work performed but not yet paid.

Adjusting Entry

Journal entries made at the end of an accounting period to update account balances to their correct amounts before the preparation of financial statements.