You Are in Charge of Maintaining Biodiversity of a Forest

question 5

Multiple Choice

You are in charge of maintaining biodiversity of a forest, part of which is being developed for housing. Would you argue for preserving one big park in the neighborhood, or a series of smaller ones?

• A) Smaller ones. They would be easier to monitor and the homeowners near each might be more willing to maintain what would be like "their own" park
• B) One big one. It would be much easier to monitor and maintain.
• C) Smaller ones. Microhabitats in several smaller plots of land might allow for more species diversity.
• D) One big one. Bigger habitats nearly always support more species than smaller ones.
• E) You'd have to do a study to compare them because no one has really looked at this.

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Definitions:

Deferral Method

An accounting practice of postponing the recognition of expenses or revenues to a future period, rather than recording them in the period they occur.

Donated Capital Assets

Assets received as donations by an organization that are used in operations and not resold.

Fair Market Value

The price that an asset would sell for in a transaction between willing participants under no compulsion to buy or sell.

Recorded Value

The value of an asset or liability as noted in the financial records or books of an organization.