The Idea That Evolution Proceeds with Long Periods of Stasis

question 42

Multiple Choice

The idea that evolution proceeds with long periods of stasis with relatively brief bursts of fast evolutionary change is

• A) gradualism.
• B) punctuated equilibrium.
• C) temporal equilibrium.
• D) catastrophism.
• E) temporal isolation.

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Definitions:

Land Improvements

Enhancements to a plot of land such as landscaping, parking lots, and fences that add value but are subject to depreciation.

Land Account

A financial ledger entry that represents the value of land owned by an entity.

Salvage Value

The estimated resale value of an asset at the end of its useful life, often considered in depreciation calculations.

Restatement

The revision and republishing of one or more previously issued financial statements to correct an error.