What Is the World's Most Abundant Conventional Fossil Fuel

question 31

Multiple Choice

What is the world's most abundant conventional fossil fuel? 

• A) coal 
• B) biomass 
• C) crude oil 
• D) natural gas

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Definitions:

Cost Method

An accounting method used for recording investments, where the investment is recorded at its acquisition cost without recognizing periodic income but dividends received are recorded as income.

Acquisition

The process of obtaining control of another company, either by purchasing its shares, assets, or both, with the aim of expanding or diversifying operations.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Significant Influence

The power to participate in the financial and operating policy decisions of a business, without having control over those policies.