Which of the Following Is Not an Example of Goods

question 70

Multiple Choice

Which of the following is not an example of goods and services provided by the environment?

• A)Raw materials for goods we use every day, such as wood
• B)Water treatment
• C)The control of erosion
• D)All of the above are examples of goods and services provided by the environment.

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Definitions:

Priority

The status of having precedence or more importance in comparison to other issues or tasks.

Unsecured Liabilities

Obligations or debts that are not protected by collateral, meaning the lender does not have claims on specific assets of the borrower if the debt is not repaid.

Non-Priority

A designation for debts or considerations that are deemed less important and hence are lower in the order of settlement or attention compared to priority ones.

Total Liabilities

The sum of all financial obligations (debts) owed by a company to external parties, recorded on its balance sheet.