Oceans Become Deeper Moving Away from Ridges Due To

question 17

Multiple Choice

Oceans become deeper moving away from ridges due to:

• A) decreasing thickness of the lithosphere.
• B) increasing density of oceanic basalts.
• C) increases in sediment accumulations.
• D) polar wandering.
• E) thermal contraction of hot asthenosphere.

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Definitions:

Allowance for Doubtful Accounts

A contra-asset account designed to predict the value of receivables that are expected to be uncollectible.

Direct Method

A cash flow statement preparation approach that lists major cash receipts and payments during the period.

Bad Debts Recovered

Previously written off debts that have unexpectedly been collected.

Allowance Method

An accounting technique used to estimate and account for bad debts, allowing companies to anticipate uncollectible accounts receivables.