Which of the Following Actions Is Mismatched with Its Type

question 4

Multiple Choice

Which of the following actions is mismatched with its type of energy savings?

• A)setting the thermostat on the hot water heater lower: energy conservation
• B)turning off lights when a room is not in use: energy conservation
• C)replacing incandescent bulbs with compact fluorescent: energy efficiency
• D)"superinsulating" a building: energy efficiency
• E)installing a new condensing furnace to replace a conventional gas furnace: energy conservation

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Definitions:

Balance Sheet

A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income or loss over a specific period.

Acid Test Ratio

A financial metric that evaluates a company's ability to pay off its current liabilities with quick assets like cash, marketable securities, and accounts receivable.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.