These Pillars Are Remnants of Layers,most of Which Have Been

question 18

Multiple Choice

These pillars are remnants of layers,most of which have been stripped away by wind erosion.If this occurred in less than 5 years you might reasonably conclude that

• A)the pillars are remnants of volcanic necks.
• B)this area recently has become a productive place to produce agriculture.
• C)there must have been drought,overgrazing,or some short-term climatic change.
• D)this area was originally a lake.

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Definitions:

Basis

The initial value of an asset for tax purposes, used to calculate depreciation, amortization, and determines the gain or loss on the asset's sale.

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.

Fiscal Year-End

The last day of a company's accounting period, which is used for financial reporting and tax purposes, and can vary between organizations.

Automatic Extension

A provision allowing taxpayers to automatically extend their deadline for submitting tax returns or other required documents, without needing to provide a reason.