Carbon Sinks Are Reservoirs That Hold Large Amounts of Carbon

question 68

Multiple Choice

Carbon sinks are reservoirs that hold large amounts of carbon. Which of the following are considered to be carbon sinks?

• A) oceans
• B) fossil fuels deep underground
• C) the atmosphere
• D) All of the answer choices are correct.

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Definitions:

Retained Earnings

The portion of net income not distributed as dividends to shareholders, but retained by the company for reinvestment.

MACRS 3-Year Class

A category under the Modified Accelerated Cost Recovery System (MACRS) for depreciating certain types of business property over three years.

Amortized

Amortization is the process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.

Residual Value

The estimated value of an asset at the end of its useful life.