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Much Learning Takes Effort and Time, but Some Learning Is

question 23

Multiple Choice

Much learning takes effort and time, but some learning is so casual as to be unintentional.This type of learning is referred to as ________ learning.


Definitions:

Construction

Construction refers to the process of building, assembling, or creating infrastructure, buildings, and other physical structures through planning, design, and execution.

GAAP

Generally Accepted Accounting Principles, which are a set of accounting standards and principles used in the United States.

Successful-Efforts Method

An accounting approach used in the oil and gas industry where costs are capitalized only if they lead to successful finding of new oil or gas reserves.

Drilling

The process of creating holes in the earth's surface in preparation for the exploration or extraction of resources, such as oil and gas.

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