FASB, Financial Accounting Standards Board. XBRL, or eXtensible Business Reporting Language, is an XML standard for tagging business and financial reports to increase the transparency and accessibility of business information by using a uniform format.
Continental drift takes place because continents sit on crustal plates which float on the Earth's magma, and the magma has convection currents in it which push against the plates and cause them to move, slowly but inexorably.
The Grand Canyon and Continental Drift. Continental drift is a concept that was originally developed in 1912 by a German meteorologist by the name of Alfred Wegener. Some of the key facts that he used to support his theory is the shape and fit of the continents and the distribution of similar fossils and rock layers around the planet. Based on his observations Wegener proposed that all of todays modern continents were once part of a supercontinent, which is today known as Pangea.