Wegener's Theory of Continental Drift

question 106

Multiple Choice

Wegener's theory of continental drift

• A)was first considered a monumental breakthrough in science.
• B)was not accepted by the scientific community of the early 1900s.
• C)proved that heat flows convectively below Earth's surface.
• D)has been proved wrong.

---

Definitions:

Acid-Test

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets without relying on the sale of inventory.

Current Ratio

A financial ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Cash Discount

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.

Invoice Date

The date on which an invoice is issued, marking the beginning of the period in which payment is expected according to the terms of sale.