All of the Following Statements Concerning Biomass as a Fuel

question 42

Multiple Choice

All of the following statements concerning biomass as a fuel source are true EXCEPT:

• A) using trash to fuel electrical generators can provide waste disposal as well as produce energy.
• B) grain alcohol is used as an additive to gasoline.
• C) methane gas is produced by drying and compressing wood chips.
• D) in North America, more homes are heated with wood than with electricity supplied by nuclear power plants.

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Definitions:

Heifers

Young female cows that have not borne a calf, often raised for beef production or future breeding.

Biological Asset

Living plants or animals that are held by an entity for purposes such as sale, into agricultural produce, or into additional biological assets, which are expected to provide economic benefits to the entity.

AASB 141

Refers to the Australian Accounting Standards Board guidance on Agriculture, providing a framework on how to account for agricultural activity.

Fair Value

The amount expected to be gained from the sale of an asset or expended in relocating a liability during a planned interaction with market entities at the time of assessment.