Which Statement Is True About Continental Crust

question 8

Multiple Choice

Which statement is true about continental crust?

• A) It is composed of granitic-type rock and has a higher density than oceanic crust.
• B) It is composed of basaltic-type rock and has a higher density than oceanic crust.
• C) It is composed of granitic-type rock and has a lower density than oceanic crust.
• D) It is composed of basaltic-type rock and has a lower density than oceanic crust.
• E) It is composed of granitic-type rock and has the same density as oceanic crust.

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Definitions:

Capital Contributions

Investments of cash or other assets made by owners or partners into a business, increasing the equity of the company.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue, representing the company's profit.

DRD

DRD refers to the Dividends Received Deduction, a provision that allows corporations receiving dividends from related entities a deduction to reduce taxable income, aiming to mitigate triple taxation.

Taxable Income

The portion of income that is subject to income tax after all deductions and exemptions are applied.