Which of the Following Statements Is False

question 48

Multiple Choice

Which of the following statements is false?

• A) The top of the groundwater zone is the water table.
• B) The recharge of aquifers below cities is very efficient because of storm drains.
• C) In the zone of saturation, spaces in rock and soil are completely filled with water.
• D) Rivers of underground water are sometimes found in caverns in aquifers.
• E) More than one of these choices is false.

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Definitions:

Noncontrolling Interest

A minority stake in a company that is not sufficient to confer control, often reflected in the equity section of the parent company's balance sheet.

Equipment

Tangible property owned by a company that is used in its operations, such as machinery, computers, and office furniture.

Initial Value Method

An accounting method that records investments at their original cost without adjustment for changes in fair value.

Noncontrolling Interest

The portion of equity interest in a subsidiary not attributable to the parent company, which appears in the consolidated financial statements.