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Read the following scenario and answer the question below.
Many geologists have proposed naming the current time period of Earth's history the Anthropocene epoch. The rationale for doing so includes the fact that erosion rates and greenhouse gas levels in the atmosphere have increased rapidly over the past 300 years. Almost all environmental scientists agree that increases in greenhouse gases contribute to global climate change. Carbon dioxide, methane, nitrous oxide, ozone, hydrochlorofluorocarbons, and water vapor are the main culprits. Human activities, chief among them the tapping and burning of fossil fuels for energy, have significantly increased these "greenhouse gases" in our atmosphere in the last 300 years. With rising standards of living in developing countries, emissions of carbon dioxide and other greenhouse gases are expected to continue to rise. If unchecked, carbon dioxide levels will reach twice preindustrial levels by midcentury and double again by the end of the century. Computer models have shown that this rise alone could raise Earth's temperatures by 3 to 10 degrees Fahrenheit by 2100.
-Climatic change is a major concern for environmentalists because it can directly lead to __________.
Periodic LIFO
An inventory valuation method that uses the Last In, First Out principle during a set period, assuming the most recently acquired items are sold first.
Cost of Goods Sold
Costs directly associated with creating the products a company sells, including the expenses for materials and labor.
Purchases and Sales
Transactions involving the buying and selling of goods and services.
FIFO Perpetual
A method in the perpetual inventory system where the first items bought are the first to be sold, continuously updating inventory records.
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