Desertification of Dry Ecosystems Is Usually Caused by a Combination

question 25

Multiple Choice

Desertification of dry ecosystems is usually caused by a combination of factors,including all of the following except________ .

• A)drought
• B)crop production in areas too dry to support grazing
• C)overgrazing
• D)poor irrigation practices

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Definitions:

FIFO Cost

A cost flow assumption for inventory valuation where the first items purchased are the first ones to be used or sold.

Retail Inventory Method

An accounting method used by retailers to estimate inventory cost by calculating a cost-to-retail percentage and applying it to the retail price.

Beginning Inventory

The value of goods available for sale at the start of an accounting period.

Gross Profit Method

An inventory costing method that estimates the cost of goods sold and ending inventory based on the gross profit margin.