Which of the Following Is True of the Mississippi River

question 44

Multiple Choice

Which of the following is true of the Mississippi River?

• A) It is in danger of jumping channels into the Atchafalaya River.
• B) Human development in coastal wetlands have increased hurricane damage protection for the interior lands.
• C) The disastrous flooding of New Orleans in 2005 was completely unpredicted.
• D) Within Bayou Laforche, houses built on stilts were protected from Hurricane Katrina.

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Definitions:

Maturity

This term refers to the date on which a financial obligation (such as a bond or loan) must be repaid in full.

Aging Of Receivables

A method used in accounting to estimate the amount of receivables that may not be collectible by categorizing them according to the length of time they have been outstanding.

Uncollectible

Refers to accounts receivable that are considered to be uncollectible and thus written off as a loss.

Adjusting Entry

A journal entry made prior to preparing financial statements to adjust the balances of accounts to accurately reflect the financial activity.