Niagara Falls Is a Large Waterfall on a River, So

question 15

Multiple Choice

Niagara Falls is a large waterfall on a river, so it can be considered as an example of ________.

• A) lateral erosion
• B) stream capture
• C) a water gap
• D) a rill
• E) a knickpoint

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is received or paid out.

Sales Adjusted

The net sales figure after deductions such as returns, allowances, and discounts have been accounted for.

Cash Basis

An accounting method that recognizes revenues and expenses only when cash is exchanged.

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, regardless of when the transactions occurred.