An Object Is Raised from the Surface of Earth to a Height

question 17

Multiple Choice

An object is raised from the surface of Earth to a height of two Earth radii above Earth.Then:

• A)its mass increases and its weight remains constant
• B)both its mass and weight remain constant
• C)its mass remains constant and its weight decreases
• D)both its mass and its weight decrease
• E)its mass remains constant and its weight increases

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Definitions:

Adjusting Entries

Ledger adjustments made at an accounting period's end to distribute income and spending according to the period they occurred.

GAAP

A body of accounting and financial reporting standards and rules widely adopted, defined as Generally Accepted Accounting Principles.

Revenue Recognition

The accounting principle that revenue should be reported at the time goods are sold or services are rendered, regardless of when the payment is received.

Expense Recognition

The accounting principle that matches incurred expenses to the revenue they generate, recognizing expenses in the same period as the related revenues.