The Difference Between Lava and Magma Is That ____________

question 14

Multiple Choice

The difference between lava and magma is that ____________.

• A) magma is light in color and lava is dark
• B) magma usually has mafic composition and lava usually has felsic composition
• C) magma is found beneath the Earth's surface, whereas lava has reached the surface
• D) magma flows more quickly than lava

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Definitions:

Depreciation Expense

An accounting method for allocating the cost of a tangible asset over its useful life, representing the asset's consumption.

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash transaction occurs.

Expenses Recorded

The process of documenting all the money spent during the operation of a business, used to track financial performance and for tax purposes.

Cash Paid

The total amount of cash disbursed by a company for various purposes, such as operating expenses, acquisitions, or investments.