Where Would You Have to Be to See the South

question 10

Multiple Choice

Where would you have to be to see the south celestial pole on your horizon?

• A) about 1° away from the South Pole, to allow for Earth's precession
• B) at the South Pole of Earth
• C) at the North Pole of Earth
• D) on the equator

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Definitions:

Depreciable Assets

Assets whose cost is allocated over their useful lives due to usage, wear and tear, or obsolescence.

Annual Depreciation

The portion of an asset's cost that is allocated as an expense each year over its useful life through the process of depreciation.

Salvage Values

Salvage Values represent the estimated residual value of an asset after its useful life has ended and it has been fully depreciated.

Useful Lives

The estimated periods of time over which fixed assets, such as machinery or buildings, are expected to be used by a business.