A Distant Palm Tree on a Hot Dry Day That

question 108

Multiple Choice

A distant palm tree on a hot dry day that often appears to be reflected from water is

• A)due to light refracted upward as it grazes the hot surface.
• B)the inverse of a mirage.
• C)evidence that light travels in straight lines.

---

Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operational costs, have been subtracted from total revenues.

Expired Rent

Expired rent refers to the portion of prepaid rent that has been used up or accounted for as an expense over a period.

Work Sheet

An informal document used by accountants to prepare adjusting entries and a trial balance in the process of preparing financial statements.