In Terms of the Green Revolution, Africa

question 18

Multiple Choice

In terms of the Green Revolution, Africa

• A) benefited more than other places in increasing its food supply.
• B) benefited less than elsewhere.
• C) grew no crops that could have benefited from the revolution.
• D) experienced practically no effect because of the nomadic lifestyle of many inhabitants.
• E) chose not to participate in experiments with new food crops.

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Definitions:

Bad Debt Expense

An expense account representing accounts receivable that a company does not expect to collect and writes off as a loss.

Allowance for Doubtful Accounts

A contra account that reduces the total receivables on the balance sheet to reflect the amount that is expected not to be collected.

Selling Receivables

The process of selling a company's outstanding invoices to a third party to improve cash flow and reduce risk.

Risk

The possibility of experiencing loss or other adverse effects in business or investment.