One of the Problems with Finding New Fossil Fuel Deposits

question 20

Multiple Choice

One of the problems with finding new fossil fuel deposits in developing countries is that ___________.

• A)those countries tend to keep the resource for themselves, not sharing with other countries
• B)it is very expensive to transport the deposit elsewhere
• C)their governments seldom allow extraction of the deposit without imposing huge taxes to fund new social benefits for the country
• D)their governments seldom allow extraction of the deposit without meeting expensive environmental regulations
• E)multinational companies often move in to harvest the new deposit, and very little money or resource remains in the country

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Definitions:

Budgeting Formulas

Mathematical expressions used to allocate resources, plan future finances, and guide financial decision-making in the budgeting process.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are an integral part of the finished product.

Units

A measurement or quantity of something, often used in the context of sales, production, or inventory in business settings.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for more accurate budgeting in dynamic environments.