Non-Renewable Resources Are Those That

question 5

Multiple Choice

Non-renewable resources are those that

• A) are not renewed by nature, but their supply can be easily expanded by humans.
• B) are naturally renewed by nature; timber provides an example.
• C) are not renewed by nature at a significant rate.
• D) cannot be recycled, by their very nature.

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Definitions:

Capital Expenditures

Capital utilized by a corporation to purchase, improve, and upkeep tangible assets like land, factories, or machinery.

Fixed Assets

Long-term tangible assets used in operations and not intended for resale, such as machinery, buildings, and land.

Increased Demand

A situation where the desire or need for a product or service exceeds the existing supply at the current price.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.