Examlex

Solved

Read the Following Scenario and Answer the Question Below

question 19

Multiple Choice

Read the following scenario and answer the question below.
Wetlands provide a multitude of ecological, economic, and social benefits. They provide habitat for many organisms and are nurseries for many saltwater and freshwater fishes and shellfish. Wetlands also hold and slowly release floodwater and snow melt, recharge groundwater, act as cleansing filters, recycle nutrients, and provide recreation. As of 2000, the contiguous United States was estimated to have about 105 million acres of wetlands remaining. Over the past 60 years, it has lost over 16 million acres of wetlands, and the loss continues at about 58,000 acres annually. Nearly one- third of the loss is due to urban development, with the rest being nearly equally divided between rural development, agriculture, and silviculture (predominantly logging) . The southeastern United States is experiencing the greatest losses. The Emergency Wetlands Resources Act (EWR
A) of 1986 requires the Fish and Wildlife Service to conduct status and trend studies of the nation's wetlands and to report the results to Congress each decade, with the overall goal being no more net loss of wetlands. EWRA also established Bayou Sauvage National Wildlife Refuge along Lake Ponchartrain in New Orleans, Louisiana.
-Wetlands in the United States _____________


Definitions:

Direct Materials Cost

The cost of raw materials that can be directly traced to the production of goods.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the activities required to produce them.

Direct Labor-Hours

The total hours of labor directly involved in manufacturing products or providing services.

Direct Materials Cost

The cost of raw materials and components that are directly traceable to the finished product.

Related Questions