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2 years ago

Scientific knowledge is (a) and subject to change based on new(b)___ or discoveries

1 answer:

6 0

Scientific knowledge is based on <u>emperical evidence</u> and subject to change based on new <u>evidence</u> or discoveries

<h3>What is science?</h3>

Science can simply be defined as the intellectual and systematic study of the structure and behavior of both our natural and physical world through principal observation and experiment

However, science provides solutions to our everyday problems via scientific methodology

Galileo Galilei is the father of science

So therefore, scientific knowledge is based on emperical evidence and subject to change based on new evidence or discoveries

Learn more about science:

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TEA [102]

Answer:

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3 years ago

Read 2 more answers

Lowden Company low and high level of activity last year was 40,000 units produced in June and 120,000 units produced in November

ser-zykov [4K]

Answer: Option (B) is correct.

Explanation:

Given that,

High level of activity = 120,000 units

Low level of activity = 40,000 units

Utility costs = $60,000 in June

Utility costs = $156,000 in November

Variable cost per unit:

= $\frac{Change\ in\ total\ cost}{High\ minus\ low\ activity\ level }$

= $\frac{156,000 - 60,000}{120,000 - 40,000}$

= $1.2 per unit

Fixed cost element:

= Total cost at high level - variable cost at high level

= $156,000 - $1.20 x 120,000 units

= $156,000 - $144,000

= $12,000

Utility cost for a month:

= Fixed cost per month + $1.20 variable cost per unit at 80,000 units

= $12,000 + $1.20 x 80,000 units

= $108,000

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3 years ago

Asa has a contract with Phil to personally provide fortune-telling services at Phil's daughter's birthday party. Phil's daughter

ExtremeBDS [4]

Answer:

Explanation:

because they signed it

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4 years ago

On January 1, year 8, Derek Co.’s defined benefit pension plan had plan assets with a fair value of $750,000, and a projected be

alexdok [17]

Answer: $27,000

Explanation:

Amortization of prior cost = (No. of employees / Total number of years left) * Unamortized prior service cost

Total number of years left:

2 employees are each expected to have 9 years remaining = 2 * 9

= 18 years

3 employees are each expected to have 6 years remaining = 3 * 6

= 18 years

4 employees are each expected to have 1 year remaining = 4 * 1

= 4 years

Total number of years = 18 + 18 + 4

= 40 years

Amortization of prior cost = (9 / 40) * 120,000

= $27,000

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3 years ago

Bledsoe Company received $17,000 cash from the issue of stock on January 1, Year 1. During Year 1, Bledsoe earned $8,500 of reve

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Answer:

Part 2 Which of the following transactions does not involve an accrual?

Recording the pre-payment of two years' worth of insurance. THIS IS AN ASSET EXCHANGE TRANSACTION SINCE IT CREATES AN ASSET ACCOUNT, PREPAID INSURANCE, THAT DECREASES AS TIME PASSES

Part 3 The recognition of an expense may be accompanied by which of the following?

An increase in liabilities. EXPENSES ARE NOT ALWAYS PAID IMMEDIATELY, FOR EXAMPLE UTILITIES, THEY FORM A SHORT TERM LIABILITY UNTIL PAID.

Part 4 The adjusting entry to recognize work completed on unearned revenue involves which of the following?

A decrease in liabilities and an increase in equity. UNEARNED REVENUE IS A LIABILITY ACCOUNT, AND AS THE WORK IS COMPLETED, REVENUE SHOULD INCREASE, THEREFORE EQUITY WILL INCREASE.

Part 5 Which of the following would cause net income on the accrual basis to be different from (either higher or lower than) "cash provided by operating activities" on the statement of cash flows?

Paid advertising expense. IF THE COMPANY PAID ADVERTISING EXPENSES ON ACCOUNT.

Explanation:

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3 years ago

Scientific knowledge is ______(a)________ and subject to change based on new______(b)_______ or discoveries

Scientific knowledge is (a) and subject to change based on new(b)___ or discoveries