Which of the Following Is NOT Considered Evidence of Cataclysmic

question 44

Multiple Choice

Which of the following is NOT considered evidence of cataclysmic impacts in the history of our Solar System?

• A) Uranus is "tipped over" so that it rotates on its side.
• B) Valles Marineris on Mars is a huge scar,many times deeper than the Grand Canyon,which spans one-fourth the circumference of the planet.
• C) Mercury has crust that has buckled on the opposite side of an impact crater.
• D) Mimas has a crater whose diameter is roughly one-third of the moon's size.

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Definitions:

Historical Cost Principle

An accounting principle that states that assets should be recorded and reported at their original purchase cost.

Work in Process

Inventory that includes goods that are in the process of being manufactured but are not yet complete.

Finished Goods Inventory

Manufactured goods that are complete and ready for sale.

Lower of Cost

A principle typically applied in the valuation of inventory and financial assets, stating to record the asset at the lower of its historical cost or current market value.