The Fossil Fish Tiktaalik Is Noteworthy Because It ____________

question 4

Multiple Choice

The fossil fish Tiktaalik is noteworthy because it ____________.

• A) was preserved with a hook in its mouth and represents the oldest evidence of human fishing
• B) is the largest fossil shark ever recovered
• C) represents a transitional form between fish and land creatures
• D) was found alive in modern oceans; previously, it was thought to be extinct

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Definitions:

Analysis of Receivables

The process of examining the accounts receivable of a business to assess their collectability and manage credit risk.

Accrued Interest

Interest that has been incurred but not yet paid in cash during a specific time period.

Note

A financial instrument that represents a debt or obligation between two parties, wherein the issuer promises to pay the holder a certain amount of money at a future date.

Adjusting Journal Entry

An entry made in the accounting journals at the end of an accounting period to allocate items between accounting periods.