Deciding Which Conservation Strategy to Use Can Best Be Compared

question 3

Multiple Choice

Deciding which conservation strategy to use can best be compared to

• A) the scientific method.
• B) a fire brigade.
• C) repairing a dam.
• D) using GPS.
• E) running a business.

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Definitions:

Ratios

Quantitative relationships between two or more values, often used for financial analysis, to assess the performance, health, and prospects of a business.

Ledgers

Financial records that contain a detailed account of all the financial transactions of a business.

Accrual Basis

An accounting method where transactions are recorded when they are earned or incurred, regardless of when cash is exchanged.

Cash Basis

An accounting method where revenues and expenses are recorded when they are actually received or paid out, not when they are earned or incurred.