Which of the Following Statements About Fossil Fuels Is Incorrect

question 36

Multiple Choice

Which of the following statements about fossil fuels is incorrect ?

• A) Fossil fuels are highly energetic.
• B) Fossil fuels are primarily hydrocarbons.
• C) The energy of fossil fuels is released by combustion reactions.
• D) The energy within fossil fuels ultimately came from photosynthesis.
• E) The energy within fossil fuels was formed as a result of exothermic reactions in prehistoric plants.

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Definitions:

Subsidiary Ledger

A detailed ledger that contains the individual accounts supporting a specific general ledger summary account.

Sales Returns and Allowances

Accounts that reduce total sales revenues on the income statement due to returned or damaged goods, or price allowances granted to customers.

Contra-Revenue Account

An account in the general ledger that reduces the total gross revenues reported by the business, including returns, allowances, and discounts.

Sales Discounts

Reductions in the price of goods or services offered to customers to encourage prompt payment or as part of a sales promotion.