Which method in oil and gas accounting allows all costs to be capitalized as assets, and then expensed in the future as oil and gas are extracted?

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Answer 1

The full-cost method is the accounting method in oil and gas that allows all costs to be capitalized as assets and then be expensed in the future as oil and gas are extracted.

What is a full-cost method?

This refers to the accounting method that is used to determine the complete end-to-end cost of producing products or services.

This cost accounting method is mostly used in the oil and gas industry.  and it works by considering all property acquisition, exploration, and development costs for aggregation and capitalization into a country-wide cost pool and such capitalization occurs whether or not a well is deemed successful

Therefore, the The full-cost method is the accounting method in oil and gas industry.

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Related Questions

The goddess of good luck is select one: a. durga. b. lakshmi. c. saraswati. d. kali.

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Answer:

can I see the actual article

Piaget used the term ______ to refer to plans of action, based on previous experiences, to be used in similar circumstances

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Piaget used the term schema to refer to plans of action, based on previous experiences, to be used in similar circumstances.

The first person to establish a theory of cognitive development that took schemas into account was Jean Piaget. The schema theory studies how the brain organises knowledge. A schema is a structured chunk of information about a topic or circumstance. It is used to direct present comprehension or behaviour and is based on prior experience.

Schemas are dynamic and they grow and alter in response to new knowledge and experiences, supporting the idea of plasticity in development. Schemas direct how we perceive new information based on previous experiences.

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Using the principles of distributive justice, who would angi choose to become the research assistant?

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If we are using the distributive justice then Angi would have to create an application process that would allow each assistant to be evaluated by the 6 principles.

What is distributive justice?

Distributive justice is concerned with the equitable distribution of resources. When compared to just process, which is concerned with the administration of the law, distributive justice is concerned with outcomes. This topic has received a lot of attention in philosophy and the social sciences.

The distributive justice concept necessitates that health care be made available to individuals based on need and resource availability. When impediments to access to contraception and abortion exist, distributive fairness is jeopardized.

Distributive justice, often known as economic justice, is concerned with ensuring that all members of society receive a "fair share" of the available benefits and resources.

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What is most likely result of applying your own cultural practices and belieds to a situation involving someone from another culture?

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Frustration, anger, and poor service is the result of applying your own cultural practices and beliefs to a situation involving someone from another culture.

Ethnocentrism is the tendency to look at the world primarily from the perspective of one's own culture. Part of ethnocentrism is the belief that one's own race, ethnic or cultural practices are most important or that some or all aspects of its culture are superior to those of other groups.

Understanding cultures is important, as it will help us overcome and prevent racial and ethnic divisions. Racial and ethnic divisions result in misunderstandings, loss of opportunities, and sometimes violence.

Hence, the answer is given and explained above.

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How can we explain how the U.S. government and state governments could endorse institutional racism?Or Why do you think this was allowed to happen?

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The question is about the United States but about it's legislative process. As with every legislature, the representatives are made up of people. When the majority of the people in the house of representatives tilt in one direction, it becomes the decision of the whole. this is why it appears as though the US endorsed or institutionalized racism.

Why was Institutionalized racism allowed to happen?

One of the laws in the History of US that speaks to the above is Jim Crows law. This law favored racial segregation and empowered law enforcement agencies to enforce it.

The reason it was put in place is already indicated in the first paragraph. It is to be noted however that the Civil Rights Act of 1964 and The Voting Rights Act of 1965 overturned Jim Crows laws.

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What is an indication that the government recognizes social security money will not provide you with ample funds for retirement?

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One indication that the government recognizes that social security money will not provide sufficient funds for retirement is the authorization of tax shelters for citizens saving for retirement.

What are tax shelters investments?

It is a strategy whose objective is to reduce taxes on investments, legally helping citizens to meet financial goals for maintaining quality of life and retirement income.

Therefore, some types of tax shelters to assist US citizens in their needs may be municipal bonds, real estate investments, medical savings, etc.

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What specific event really made it possible for the three laws of planetary motion to be discovered?we now know that the orbit of a stable planet around a star like the sun is always in the shape of:_________

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Event which really made it possible for the three laws of planetary motion to be discovered was when Tycho Brahe passed away, his aide had complete access to all of his data.

We now know that the orbit of a stable planet around a star like the Sun is always in the shape of an ellipse

More about planetary motion

Johannes Kepler developed three laws to describe the physics of planetary motion. According to the first law, planets orbit the Sun as one of their elliptical targets as they move through space.

According to the second law, when the planet revolves around the ellipse, the radius of the vector connecting it to the Sun sweeps out identical areas in same amounts of time.

The third law states that the ratio of the squares of the orbital period for two planets is equal to the ratio of the cubes of their mean orbit radius

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The emotional component of intercultural competence training is most likely to include _____

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The emotional component of intercultural competence training is most likely to include training in cultural customs

The information, abilities, and attitudes that make up intercultural competence are reinforced by the values that a person upholds as a member of several social groups. The following six traits are what they consider to be indicative of intercultural competence: the capacity for uncertainty. You are at ease with the strange and unexpected, behavioral adaptability, and communication competence capacity to communicate effectively and appropriately in multiple cultural contexts is known as intercultural communication competence (ICC). ICC is made up of a lot of parts. Motivation, understanding of oneself and others, and tolerance for uncertainty are some essential elements.

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All of the brands i can recall or remember at any time, regardless of whether i would actually consider purchasing them, is called what?

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All the brands I can recall or remember at any time regardless of whether I would actually consider purchasing them are called the evoked set.

An evoked set is defined as the brands that come to a customer's thoughts whilst a want for a product or service arises. These are taken into consideration by ideal manufacturers based on the client's notion of their products, and their brand equity with a customer.

The evoked set is crucial due to the fact it's miles a subset of present brands in the market, and it's miles a subset of the manufacturers of which the consumer is aware. The system of forming an evoked set from those broader sets is consequently of interest to both patron researchers and managers.

Evoked sets are formed by thinking about all manufacturers inside the recognition set at an equal factor in time, and in this situation, the most appropriate decision rules are the linear compensatory and lexicographic models. If a new brand enters the notice set, the complete system is repeated.

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Paintings are part of india's cultural heritage since the prehistoric period. these reflect various themes like nature, religious ideas, festivals, etc.

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Paintings are part of india's cultural heritage since the prehistoric period. these reflect various themes like nature, religious ideas, festivals, etc.

What is Paintings?

Painting is the application of paint, pigment, color, or another substance to a solid surface. The medium is often applied to the base with a brush, but knives, sponges, and airbrushes can also be employed. Painting in art refers to both the act and the result of the action.

Sizing is the initial step in preparing the painting support. It is not a coating or separate layer, but rather a layer that penetrates into the pores of the support fibers, sealing them to prevent the paint from coming into direct touch with them and making them less absorbent.

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What did the greeks establish as they began to recover from two centuries of economic devastation and population decimation?

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It paved the way for Greeks to imitate Near Eastern and Egyptian statuary.

We can see Greek family values based on Penelope who waited for Odysseus for 10 years to come home and did not want to marry any of the suitors. His Son is also always on his side and believes that he'll come back. Even his dog is faithful and is one of the rare Ithacians who recognizes him.

Greek mythology is a religion, a set of beliefs that the Old Greeks believed in. Like today we have Christianity, Buddhism, Islam, and many other religions, so did the Old Greeks have their own religion, or something we refer to as mythology nowadays. Their mythology was polytheistic, meaning they believed in many gods such as Zeus, Hera, Hades, Poseidon, etc. and many different beings such as Medusa, Pegasus, Minotaur, etc.

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low propensity"" voters do not traditionally turn out to vote in high numbers. which group of ""low propensity"" voters were critical to biden’s win in 2020?

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Low propensity voters do not traditionally turn out to vote in high numbers critical to Bidens win to make it easier for people to take part in elections by means of supplying comfort vote casting.

The united states is trying to make it easier for people to take part in elections by means of supplying comfort vote casting. Which of the subsequent factors of the U.S. electoral device can have an effect on voter turnout? ballot duration and frequency of participation both affect voter turnout inside the united states of America.

In a comparable survey carried out following the federal election, the turnout rate from the survey turned into .Younger men and women age 18-25 have the bottom voter turnout of any age institution; maximum voter turnout is among middle-elderly individuals 40-sixty four. A higher percentage of women than men grew to become out to vote. Voter turnout also elevated as age, academic attainment and earnings improved. Voter turnout become highest amongst the ones.

Voter turnout refers to the participation price (often defined as folks that cast a poll) of a given election. this could seek advice from the proportion of registered voters, eligible electorate, or all vote casting-age people.

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The presidential impeachment process is intended to remove sitting presidents for ______.

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The presidential impeachment process is intended to remove sitting presidents for treason, bribery, and high crimes and misdemeanors.

In regards to the Constitution, the House must cast their vote on articles of impeachment. A easy majority can charge the president. "Impeachment" is more like an accusation than a conviction. If the House votes in favor of "impeachment," it is sent to the Senate for consideration. The Senate conducts the proceedings. The chief justice of the United States Supreme Court presides over the impeachment proceedings against the president. The constitution requires a two-thirds majority in the Senate to convict, and the penalty for an indicted official after conviction is withdrawal from office.

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__________ was the most influential political ideology in the founding of the united states.

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Classical liberalism was the most influential political ideology in the founding of the united states.

The political philosophy known as "classical liberalism" is a subset of liberalism that emphasizes limited government, free markets, and laissez-faire economics. It also supports the rule of law and civil liberties under the rule of law.

It was created in the early 19th century, expanding on concepts from the century before, as a reaction to urbanization and the Industrial Revolution in Europe and North America.

Contrary to other liberal schools of thought, such as social liberalism, classical liberalism favors deregulation and has a more pejorative view of social programs, taxes, and government meddling in people's lives. The term "economic liberalism" was used prior to the Great Depression and the emergence of social liberalism.

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What oil-painting technique did jan van eyck use in giovanni arnolfini and his wife that is particular to northern renaissance painting?

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The wet-on-wet oil-painting technique did Jan van Eyck use in Giovanni Arnolfini and his wife that is particular to northern renaissance painting.

Van Eyck and other Northern artists develop the oil-on-panel painting method in the early 15th century. Their work demonstrates the interaction of light with surfaces of various textures. Rich and vibrant colours are preserved practically intact thanks to oil paint. Renaissance artists, frequently used the wet-in-wet (wet-on-wet) technique.

According to legend, underdrawings were used by Jan Van Eyck to produce the Arnolfini Portrait. Before the paint-covered brush made contact with the panel, Arnolfini's hat allegedly had to be drawn over a number of times. Other components of the piece, such the dog, the necklace's pearls, and the oranges, were painted without underdrawings.

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Ubel argues that healthcare rationing amounts to an egregious crime against humanity.

a. true
b. false

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Ubel argues that healthcare rationing amounts to an egregious crime against humanity and is unethical. This statement is False.

Rationing is the allocation of finite resources, and in medicine it necessarily means that some people are deprived of potentially beneficial treatments. How rationing work is important because it not only affects an individual's life, but also expresses the core values ​​of society. Doctors have been grappling with this controversy for quite some time. Some deny that rationing take place, claiming that their professional responsibilities prevent them from participating in rationing. Others approve of rationing and view the equitable distribution of medicines as part of the physician's ethical obligation.

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In addition to the urethra, this muscular duct travels through the prostate gland:________

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In addition to the urethra, this muscular duct travels through the prostate gland: the ejaculatory duct.

The ejaculatory duct (Ductus ejaculatory) is a paired structure in the male anatomy. Each ejaculatory duct is formed by the union of the ducts of the seminal vesicles and the vas deferens. They pass through the prostate and lead to the urethra above the seed.

The ejaculatory duct provides the interface between the male reproductive and urinary systems, feeding sperm into the urethra, adding secretions from the prostate, and supplements necessary for sperm function (see diagram below). ).

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What did the patterns linneaus identified in the ""great chain of being"" come to be called?

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The patterns that Linneaus identified in the "Great Chain of Being"" came to be called as Homologies.

Aristotle, the Greek philosopher came up with the theory that human beings can be arranged in a scale of nature, which he later called "The Great Chain of Being". This theory of his traces human development from inanimate objects, through plants, through animals, then human beings, finally culminating in the spiritual world.

Carlos Linneaus made groupings based in similarity thus coming up with hierarchal relationships among organisms, calling it Homologies. His attempt was made in order to discover diversity in human life.

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An agent is bound to inform a client of all facts regarding the client's transaction. this includes both the facts that the agent knows and those that:_________

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An agent is bound to inform a client of all facts regarding the client's transaction. this includes both the facts that the agent knows and those that the agent should have known.

Any person who has been given authorization to act on someone else's behalf, in a number of capacities, is referred to as an agent. This could entail carrying out a will, selling a home, managing a sporting or acting career, serving as a company agent, etc. A representative, such as an attorney or a stockbroker, is authorized to act on behalf of another person.

Attorneys, who represent their customers in legal proceedings, and stockbrokers, who are employed by investors to make financial decisions, are two popular sorts of agents. In these cases, the agent's client is referred to as the principle.

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"For Christians, evangelism is the most important duty." 12 marks
"pilgrimages are a waste of money." 12 marks

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It is TRUE that for  Christians, evangelism is the most important duty because that is the main message that Jesus brought which is true repentant.

In Christendom pilgrimages are  not been regarded as a compulsory act by the teaching of Jesus Christ, hence it can be waste of money.

What is evangelism?

The evangelism can be regarded as the  is the act of preaching the gospel  which entails the passing across the word of God  and  message  of Jesus Christ.

It should be noted that It is TRUE that for  Christians, evangelism is the most important duty because that is the main message that Jesus brought which is true repentant.

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Suppose that a person who has been convicted in a high-profile murder case is about to be executed. If the execution goes as planned, then dozens of potential murderers will be dissuaded from committing murders in the future, for fear of being punished with the death penalty. However, there is strong evidence that the person convicted of the high-profile murder is actually innocent, and only you have access to it. According to act-utilitarianism, what should you do

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According to act-utilitarianism, what should you do is to Allow the execution and ignore the evidence, keeping your knowledge to yourself.

What is act Utilitarianism?

This is the belief that when one is engaged in any activity what they have to aim for is to get the greatest net utility from it.

Due to the law, the person here would allow the conviction to go on. This is because it would bring about a greater good in the society in the future by dissuading crime.

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A variation of the lru page replacement algorithm known as the ____ replacement policy is implemented with a circular queue. a. clock page b. bit shifting c. round robin d. performance page

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A version of the lru page replacement algorithm set of rules referred to as the A. clock page.

At least these days Used page alternative set of rules replaces the web page which isn't always used these days. Implementation: In this newsletter, LRU has implemented the usage of counters, a time (i.e., counter) variable is used to symbolize the cutting-edge time, it's far incremented for every web page of the reference array.

The best page-replacement algorithm is a FIFO algorithm. the primary-in, first-out (FIFO) page alternative set of rules is a low-overhead algorithm that requires little bookkeeping on the part of the running device.

Within the least, these days Used (LRU) algorithm is a greedy set of rules in which the page to get replaced is least recently used. The idea is based totally on the locality of reference, the least lately used page isn't always in all likelihood.

The LRU web page replacement algorithm keeps track of page usage inside the memory over a quick time period. In comparison, inside the LFU web page alternative set of rules, the page with the least visits in a given period of time is eliminated. LRU eliminates the web page that has now not been applied in the memory for the longest time frame.

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What cloud resource gives vm instances access to a subnet?
a. dashboard
b. address space
c. vnet
d. interface

Answers

interface cloud resource gives VM instances access to a subnet

Cloud computing is the provision of computing resources (storage, processing power, databases, networks, analytics, artificial intelligence, software applications, etc.) over the Internet (the cloud).

There are four main types of cloud computing: private cloud, public cloud, hybrid cloud, and multi-cloud. There are also three main types of cloud computing services: infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).

Resource sharing enables cloud providers and customers to reduce capital expenditures, operating expenses, and total cost of ownership. Multiple cloud service providers work together to share resources and meet dynamic customer demands.

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Gresham sykes identified the pains of imprisonment as ________ that prisoners experience.

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Gresham Sykes identified the pains of imprisonment as an opportunist that prisoners experience.

Sykes (1958/2007) argued that five basic deprivations characterize prison life, collectively known as "prisoners' distress". These were the loss of freedom, desirable goods and services, heterosexual relationships, autonomy, and security.

"Incarceration pain" is one of the most important concepts in the sociology of incarceration. First introduced by Gresham Sykes in 1958, it has since been taken up by generations of writers and applied to an increasingly diverse range of contexts, populations, and activities.

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Removing a specific group of trees within a small area over a long period of time is _______. a. clearcutting b. seed tree cutting c. group selection d. single tree selection please select the best answer from the choices provided a b c d

Answers

The correct option is (c ) group Selection.

Removing a specific group of trees within a small area over a long period of time is known as group Selection.

What is group selection? This method of harvest allows significant timber production.The process can be a bit more complicated than other forms because the harvest areas need to be carefully marked. Group selection is designed to mimic a larger scale harvesting that could cause possible harms to the environment. Using the method of group selection it might be a visual aid that not a lot of forests have been cut but the lack of sunlight reaching the ground due to canopy heads may slow the growth of trees. This can cause insufficient replenishment of the trees.

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Answer: c. group selection

Explanation:

i got it correct on edg

The inner cell mass of the trophoblast developments into the primary germ layers which are named the _______, _______, and _______

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The inner cell mass of the trophoblast developments into the primary germ layers which are named the endoderm , ectoderm and mesoderm

What is trophoblast developments?

During early pregnancy, the membrane of cells that forms the wall of a blastocyst and also gives nourishment to the embryo before developing into part of the placenta.

Trophoblasts are cells that form the outer layer of a blastocyst and supply nourishment to the embryo before developing into a substantial portion of the placenta.

A thin layer of cells that assists a developing embryo in attaching to the uterine wall, protects the embryo, and becomes part of the placenta.

While the trophoblast eventually gives rise to the outer chorionic sac and the fetal component of the placenta, the pluriblast gives rise to all embryonic tissues as well as some extraembryonic membranes.

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According to merton’s theory, a person who advocates the total abolition of capitalism and its replacement with socialism in american society would be called a (an)?

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According to Merton's theory, a person who advocates the total abolition of capitalism and its replacement with socialism in American society would be called a rebel.

What is Merton's theory?According to Merton's strain theory, societal arrangements can put people under pressure to commit crimes. According to Classical Strain Theory, the deviation is likely to occur when there is a misalignment between a society's "cultural aspirations" (such as monetary riches) and the opportunity people have to acquire them. According to Merton's view, a rebel is someone who seeks the entire destruction of capitalism and its replacement with socialism in American society. Merton classifies deviance into five categories based on these criteria: conformity, innovation, ritualism, retreatism, and rebellion.

Therefore, according to Merton's theory, a person who advocates the total abolition of capitalism and its replacement with socialism in American society would be called a rebel.

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Which russian revolutionary espoused terrorism as a means for spreading revolution, was thrown out of the communist party, and was assassinated by communist agents?

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Leon Trotsky Russian revolutionary espoused terrorism as a means for spreading revolution, was thrown out of the communist party, and was assassinated by communist agents.

The definition of a revolution is the movement of one object around a center or another object, a forceful overthrow of a government by the people, or any sudden or grand change.

An example of revolution is the movement of the earth around the sun. A revolution is a very sharp change made to something. The word comes from Latin and is related to the word revolution (which means a turnaround).A revolution is a successful attempt by a large group of people to change the political system of their country by force.

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What instrumet is used to remove a tooth in one piece with the crown and root intact?

Answers

In a simple tooth extraction, the dentist uses a special instrument called an elevator to loosen the tooth. once loosened enough, the dentist pulls the tooth out with dental forceps.

Elevators are used to lift a tooth or its root before extracting it in other ways, such as B. Use tweezers or a scalpel to solve. the elevator is placed between the tooth and jawbone, but its force is directed toward the tooth. The dentist applies slight pressure to lift it off the shaft.

A colectomy removes the crown and leaves the root of the jaw intact. colectomy is not recommended if you have infected wisdom teeth or roots. both procedures can be done by a dentist or oral surgeon.

Extraction can be done under local anesthesia if the tooth is exposed and looks solid and easy to remove. an instrument called an elevator is used to loosen (dislocate) the tooth, open up the bone space, and break the tiny elastic fibers that connect the tooth to the bone.

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At approximately the age of _____ years, two types of romantic involvement occur: casual dating and dating in groups.

Answers

At approximately the age of 14 to 16 years, two types of romantic involvement occur which are  casual dating and dating in groups.

What is romantic experience?

Romantic experience serves the experience that involves the relationship between two parties which involves deep feelings.

It should be noted that At approximately the age of 14 to 16 years, two types of romantic involvement occur which are  casual dating and dating in groups.

Romantic experience could involves :Take them on a romantic retreat.Go on a long walk.provide a meal for them. Watch  a film night. Write a heartfelt letter.

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BUYING A TOWNHOUSE SELLING FOR $175,000. THE BANK IS OFFERING A 30-YEAR FIXED RATE MORTGAGE AT 5.5% WITH A MINIMUM 20% DOWN PAYMENT. DETERMINE THE AMOUNT OF THE DOWN PAYMENT AND THE MONTHLY PAYMENT When conducting a hypothesis test for a given sample size, if is increased from 0.05 to 0.10, then __________. On November 1, the company rented space to another tenant. A check in the amount of $9,000, representing three months rent in advance, was received from tenant on that date. The payment was recorded with a credit to the What does the skull and crossbones represent when used as the pictogram on an sds? Other than religion, in what important way did missionaries influence Pacific Island society? When consumers believe that various items provide the same set of attributes, brand _________ results. Which graph represents the equation y2 = 4x?On a coordinate plane, a parabola opens to the left. It has a vertex at (0, 0), a focus at (negative 1, 0), and a directrix at x = 1.On a coordinate plane, a parabola opens down. It has a vertex at (0, 0), a focus at (0, negative 1), and a directrix at y = 1.On a coordinate plane, a parabola opens to the left. It has a vertex at (0, 0), a focus at (negative 4, 0), and a directrix at x = 4.On a coordinate plane, a parabola opens down. It has a vertex at (0, 0), a focus at (0, negative 4), and a directrix at y = 4. What were the two primary opportunities for women in Europe during the Middle Ages? Apprenticeship and cobbling Marriage and the Church Writing and banking Farming and the clergy a. How many feet is [tex]\frac{1}{5}[/tex] of a mile? ______b. How many feet is [tex]\frac{1}{100}[/tex] of a mile? ______ Jose has been asked to conduct a needs assessment for an operational department. What is the first logical step he should take? Most children should become fluent writers by second grade. a. true b. false when a food recall occurs ,the operation must Find all x-values in the interval for which the function is equal to its average value. (enter your answers as a comma-separated list. ) F there is an increase in demand, the quantity will ______ and the price will _____. The acid dissociation constant ka for hcn is approximately 1 109. what is the value of the pkb? Quick algebra 1 question for 10 points!Only answer if you know the answer, quick shout-out to tariqareesha2 and MrBrainly, tysm for the help! what form of capital does vodacom obtain 1. Part A. Graph the following coordinates on the grid below.(4, 3), (4,-5), (-2, 3), and (-2,-5) What is the intent behind the use of vanitas symbols, such as the overturned pitcher of cut flowers and a pile of broken eggshells in jan steen's the dancing couple? for each reasons it gives you the options to choose: commutative property of addition, associative property of addition, distributive property, and combining like terms