A Species of Lizard Has Gone Extinct

question 3

Multiple Choice

A species of lizard has gone extinct.All of the following may have contributed to this extinction EXCEPT ________________.

• A)habitat destruction by humans
• B)increased genetic diversity within the species
• C)introduction of a species that competed for food resources
• D)climate change
• E)inbreeding

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Definitions:

Bad Debts Expense

Represents the amount of receivables a company does not expect to collect and is recorded as an expense.

Merchandise Inventory

The goods a company holds for the purpose of sale to customers in the normal course of business.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal, reflecting the actual cash value of inventory.

Accounts Receivable

The sum customers owe a corporation for goods or services delivered but not yet compensated.