Experts Are Particularly Concerned About the U

question 13

Multiple Choice

Experts are particularly concerned about the U.S. depletion and lack of national reserves of manganese, cobalt, chromium, and platinum because they are nonrenewable ____ resources.

• A) security metal
• B) strategic metal
• C) biogenic metal
• D) recyclable metal
• E) trace metal

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Definitions:

Fees Earned

Income generated from providing services, regarded as a revenue for the entity performing the service.

Rent Revenue

Earnings from property that is leased to others for use.

Revenue Accounts

Accounts that track the income earned from a company's primary operations and other activities.

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.