A Drought Defined by the Shortage of Precipitation and Soil

question 91

Multiple Choice

A drought defined by the shortage of precipitation and soil moisture effects on crop yield is a(n)

• A) meteorological drought.
• B) agricultural drought.
• C) hydrological drought
• D) socioeconomic drought.

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Definitions:

Interest Expense

The financial charge an organization incurs over time for borrowing funds.

Note Payable

A written promissory note wherein the borrower agrees to pay back the lender on demand or at a predetermined future date, along with interest.

Statement Of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations, investment activities, and financing, as well as all cash outflows that pay for business activities and investments during a given period.

Common Stock

A type of security that signifies ownership in a corporation, representing a claim on part of the corporation's profits and assets.