You Are Going Up in an Elevator That Is Accelerating

question 97

Multiple Choice

You are going up in an elevator that is accelerating upwards on Earth.Suppose you were to do the same thing on Mars.Your weight on Mars will be ___ your weight on Earth.

• A)less than
• B)equal to
• C)greater than
• D)unable to tell
• E)depends on what g is on Mars

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Definitions:

Worksheet

A document used by accountants to organize and summarize financial information for the preparation of financial statements.

Credits

Entries in accounting that increase liabilities or equity, or decrease assets, representing the opposite of debits.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.