Louisiana State University

Classified Balance Sheet - Answer Reports assets, liabilities, and equity at specific point in time Operating Cycle - Answer Average time it takes from purchase of inventory to the collection of cash from customers Liquidity - Answer Order in which assets are converted into cash Order of Liquidity - Answer cash, short term investments, acct receivable, inventory, supplies, prepaid insurance Accumulated depreciation - Answer The total of depreciation that...

A balance sheet that groups together similar assets and similar liabilities, using a number of standard classifications and sections. - Answer Classified balance sheet Assets that companies expect to convert to cash or use up within one year or the operating cycle, whichever is longer. - Answer Current assets Obligations that a company expects to pay within the next year or operating cycle, whichever is longer. - Answer Current liabilities A measure of liquidity comput...

The Fitzhugh Corporation saw a 10% decrease in activity levels over the fourth quarter. You have been asked what other changes the company should expect because of this decrease. What will you report? A 10% decrease in variable costs. A 10% increase in fixed costs. A 10% decrease in fixed costs. A 10% increase in variable costs. - Answer A 10% decrease in variable costs. The total variable costs change in proportion to changes in the levels of activity. If activity levels ...

What are the three main types of stress? - Answer compression, tension, and shear What type of rock forms through solid-state alteration of a previously existing rock, by heating, pressure, and/or fluid chemistry? - Answer metamorphic Which numbered site is likely to have a thin sequence of sediments over crystalline rocks of the basement? - Answer 2, the continental platform The southern San Andreas fault near Los Angeles is considered a candidate for a major earthqua...

What is geology? - Answer study of ancient seas, rivers, and other environments, organisms that inhabit such environments, the formation and destruction of ranges and other landforms What are the layers of the earth? - Answer the crust, the mantle, the outer core, and the inner core What is the continental shelf? - Answer a fringe of shallow sea floor between continental crust and oceanic crust What is continental crust? - Answer forms major landmasses on earth; ...

Layers of the Earth - Answer crust, mantle, outer core, inner core The lithosphere is (blank) than the asthenosphere. - Answer stronger The asthenosphere is (blank) than the lithosphere. - Answer weaker The lithosphere consists of - Answer crust and uppermost mantle What are the two types of crust? - Answer oceanic and continental A region generally is higher than an adjacent region if (blank) than in the adjacent region. - Answer the crust is t...

What are the characteristics of porosity or permeability? - Answer -Porosity is a measure of the amount of the substance composed of empty spaces -Permeability is a measure of how well the pores are connected Porosity/Permeability - Answer Porosity describes the proportion of rock or sediment volume made up of pores (empty spaces), whereas permeability is a measure of the connectedness of pores and the ability of these pores (and fractures) to form conduits through the material. ...

E - Answer CHAPTER 1 A region generally is higher than an adjacent region if __________ than in the adjacent region. A. the crust is cooler b. the crust is more dense c. the lithosphere is thicker d. the lithosphere is cooler e. the crust is thicker D - Answer CHAPTER 1 A dry climate might impact how people live by increasing: a. the risk of drought and other water shortages. b. irrigation needs. c. the likelihood of volcanic activity. d. the likelihood of earthquak...

What are the types of igneous rock textures? - Answer Aphanitic, Glassy, Pegmatitic, Phaneritic, Porphyritic, and Pyroclastic Bowen's reaction series of melting - Answer Felsic minerals melt before mafic minerals Bowen's reaction series of crystallization - Answer Minerals crystalize in the opposite order from which they melt What are 3 ways to melt a solid rock? - Answer Heating, Decompression, Adding water How could changing temperature or pressure cau...

How are igneous rocks formed? - Answer Formed from solidification of magma/lava. What does intrusive and extrusive igneous rock mean? - Answer Intrusive: cooled slowly beneath Earth's surface. Extrusive: cooled quickly on Earth's surface. What are batholiths? - Answer A mass of rock formed when a large body of magma cools inside the crust What are laccoliths? - Answer domed shaped masses of igneous rock What are sills? - Answer Cracks created by th...