Lakes and Marshes Are Common in Recently Glaciated Areas Because

question 51

Multiple Choice

Lakes and marshes are common in recently glaciated areas because ____.

• A)those areas have very humid climates
• B)so much water was released by the melting of the ice
• C)when the ice disappeared, sea level dropped, leaving much standing water stranded on the land
• D)preexisting drainage was reshaped and blocked by glacial erosion and deposition

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Definitions:

Accumulated Depreciation

Accumulated Depreciation is the total amount of depreciation expense that has been recorded for an asset over its useful life, indicating the amount of value the asset has lost over time.

Book Value

The net value of a company's assets as found on its balance sheet, calculated by subtracting total liabilities from total assets.

Adjustment

Changes made to the financial records at the end of an accounting period to reflect true and fair values.

Unearned Fees

Income received by an entity for services yet to be provided and is recorded as a liability until the service is rendered.