What Is a Good Indicator of Water Quality

question 67

Multiple Choice

What is a good indicator of water quality? 

• A) the number of coliform bacteria in the water body 
• B) the number of ducks in the water body 
• C) the number of fish in the water body 
• D) the number of snakes in the water body

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Definitions:

Ending Inventory

is the total value of all inventory a company has in stock at the end of its financial period, important for determining cost of goods sold and net income.

Perpetual Inventory System

A method of accounting for inventory that continuously updates inventory records after each purchase or sale.

FIFO Periodic Inventory Method

The first-in, first-out (FIFO) periodic inventory method assumes that goods sold are those that were added to the inventory earliest, calculated periodically at the end of a reporting period.

Ending Inventory

Goods' valuation ready for trading at the end of a bookkeeping period.