Estimates Suggest That ________ of Tropical Rain Forests Have Already

question 30

Multiple Choice

Estimates suggest that ________ of tropical rain forests have already disappeared.

• A) 30 per cent
• B) 50 per cent
• C) 20 per cent
• D) 75 per cent

---

Definitions:

Adjusting Entry

An accounting record created at the closing of an accounting cycle to assign revenues and expenses to the relevant fiscal years.

Asset Account

An account that represents a resource owned or controlled by a business, expected to provide future economic benefits.

Net Loss

The amount by which a company's expenses exceed its revenues during a specific period, indicating a negative financial performance.

Net Income

The total earnings of a company after subtracting all expenses and taxes from total revenue.