The Upper Paleolithic Period Was from ______

question 96

Multiple Choice

The Upper Paleolithic period was from ______.

• A)40,000 to about 10,000 years ago
• B)4,000 to about 1,000 years ago
• C)60,000 to about 300,000 years ago
• D)6,000 to about 60,000 years ago

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Definitions:

Expenses

Economic costs a business incurs through its operations to earn revenue, representing the outflow of assets or incurring of liabilities.

February

The second month of the year in the Gregorian calendar, often associated with being the shortest month.

Accrual Accounting

A rephrased definition of Accrual Basis of Accounting; it involves recording transactions when they are earned or incurred, providing a more accurate financial picture by matching revenues with expenses.

Expenses

Expenses are the costs incurred during the operation of a business, such as rent, salaries, utilities, and materials, which are subtracted from revenues to determine net income.