A Lava ________ Is a Small Hole Which Develops in Cooling

question 102

Multiple Choice

A lava ________ is a small hole which develops in cooling lava when gas is unable to escape as the lava solidifies.

• A) chamber
• B) cavity
• C) vesicle
• D) pore space
• E) cavern

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Definitions:

Years

A unit of time used in various financial calculations, such as the amortization of assets or the term of investments.

Retired

Indicates assets taken out of service or policies terminated.

Unamortized Discount

The portion of the bond discount that has not yet been expensed in the income statement over the bond's life.

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price or adjusted basis, could be positive (gain) or negative (loss).