Two Small, Poorly Drained Lakes Lie Close to Each Other

question 21

Multiple Choice

Two small, poorly drained lakes lie close to each other in a northern forest. The basins of both lakes are composed of the same geologic substratum. One lake is surrounded by a dense Sphagnum mat; the other is not. Compared to the pond with Sphagnum, the pond lacking the moss mat should have ________.

• A) lower numbers of bacteria
• B) reduced rates of decomposition
• C) reduced oxygen content
• D) water with a higher pH

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Definitions:

Straight-Line Method

A method of calculating depreciation of an asset by evenly spreading the cost over its useful life.

Bond Interest Expense

The cost incurred by an issuer of bonds for paying interest to bondholders, typically recognized over the life of the bonds.

Adjusting Entry

A journal entry made at the end of an accounting period to update the accounts for accurate financial reporting.

Straight-Line Method

The straight-line method is a depreciation technique that allocates an equal portion of the cost of an asset to each accounting period over its useful life.