The Fourth Step in the Hydrologic Cycle Is ____

question 26

Multiple Choice

The fourth step in the hydrologic cycle is ____.

• A) evaporation
• B) condensation
• C) precipitation
• D) transpiration
• E) None of the above.

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Definitions:

Straight-Line Depreciation

A way to distribute the expense of a tangible property over its lifespan in equal amounts each year.

CCA Class

Specific categories under the Canadian Capital Cost Allowance that determines the depreciation rate for tax purposes on an asset.

Depreciation Tax Shield

The reduction in income tax obligation resulting from the deduction of depreciation expenses.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.