Why Did Searching for Unique Algae Species Open New Opportunities

question 5

Multiple Choice

Why did searching for unique algae species open new opportunities for their use as a biofuel?

• A) It made the process less cost effective.
• B) It allowed algae to be grown in a narrower range of locations.
• C) It can make the process independent of sunlight.
• D) It allowed for the use of existing forms of kinetic energy.
• E) All of these answer choices are correct.

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Definitions:

Depreciation Methods

Various approaches for allocating the cost of an asset over its useful life, such as straight-line or declining balance methods.

Group Depreciation Method

An accounting technique used to depreciate a portfolio of assets collectively, often applied to assets with similar characteristics and useful lives.

Accumulated Depreciation

This represents the total amount of depreciation expense that has been recorded against a fixed asset since it was acquired.

Sum-Of-The-Years'-Digits Depreciation

An accelerated depreciation method that allocates a proportionally higher depreciation in the early years of an asset's life and less in the later years, based on a fraction determined by the asset's useful life.