Use the Following Figures to Answer the Question Below

question 60

Multiple Choice

Use the following figures to answer the question below.


Based on the data in the figures, which of the following statements are correct?
I.Area 1 has more average precipitation than Area 2.
II.Area 1 has a higher average temperature than Area 2.
III.Both areas have low variation in monthly precipitation.
IV.Area 2 has a lower annual temperature variation compared to Area 1.

• A) only I and III
• B) only II and IV
• C) only II, III, and IV
• D) only I, II, and III

---

Definitions:

International Financial Reporting Standards (IFRS)

A set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but retained by the company for reinvestment.

Total Assets

The sum of all currently owned resources that have value which can be converted into cash and are used in operating the company.

Liabilities

Financial obligations or debts a company owes to others, expected to be settled over time through the transfer of assets, provision of services, or other economic benefits.