Which Situation Involves a Long Time Delay That Results in Environmental

question 89

Multiple Choice

Which situation involves a long time delay that results in environmental degradation? 

• A) depletion of the ozone layer 
• B) clear-cutting a forest 
• C) marine oil spills 
• D) building new four-lane highways

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Definitions:

Indirect Method

A technique used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to calculate net cash from operating activities.

Cash Dividend

A distribution of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders in the form of cash.

Statement Of Cash Flows

A financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Indirect Method

A technique used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to arrive at cash flow from operating activities.