Which of the Following Statements Is True in the Context

question 44

Multiple Choice

Which of the following statements is true in the context natural resources?

• A)The past decade has witnessed an abundance of natural resources.
• B)Petroleum is the only natural resource that affects international marketing.
• C)Vast differences in natural resources result in minor shifts of wealth among countries.
• D)Steep declines in the price of oil had a negative impact on America's oil producers.

---

Definitions:

Expense Account

An account that records the costs incurred by a company in the process of earning revenue.

Payable Account

An accounting record that shows the total amount of money owed to creditors for goods, services, or loans provided.

Employee Health Insurance

An insurance coverage that provides benefit payments for healthcare services to employees, often paid for wholly or in part by employers.

Retirement Program

A financial plan that provides income to individuals after they have ceased working, often involving contributions from both the employer and employee.