In Schooling,fish Rely on Sensitivity to Vibration and Water Currents

question 55

Multiple Choice

In schooling,fish rely on sensitivity to vibration and water currents.This is provided by cells called neuromasts located inside what structure?

• A)Caudal fin
• B)Gills
• C)Swim bladder
• D)Lateral-line
• E)Placoid scales

Learn how to calculate retained earnings from ledger account information.

Apply accounting principles to analyze financial statements.

Understand the fundamentals of accrual-basis accounting and its importance in reporting financial activity accurately.

Understand the difference between accrual-basis and cash-basis accounting and why GAAP prefers accrual-basis.

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Definitions:

Long-Term Lease Liabilities

Financial obligations resulting from leasing contracts that extend beyond one year, recorded on the balance sheet under liabilities.

Compound Interest

A method where interest is calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Equal Annual Withdrawals

A method of evenly distributing the total amount of an investment or asset over a fixed number of years.

Compounded Annually

A method of calculating interest where the earned interest is added to the principal at the end of each year, increasing the amount that will earn interest in the following year.