Which of the Following Statements Is False

question 88

Multiple Choice

Which of the following statements is false?

• A)It is more economical to have consumers separate trash before pickup than to use materials-recovery facilities.
• B)Glass, iron, and aluminum can be recovered from solid wastes.
• C)Source separation involves consumers separating trash into categories like glass, paper, and metal.
• D)Materials-recovery facilities provide many more jobs than source separation recycling.
• E)Materials-recovery facilities need a steady diet of garbage to be financially successful.

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Definitions:

Financial Statement

A Financial Statement is a formal record of the financial activities and position of a business, person, or other entity, including income statements, balance sheets, and statements of cash flows.

Normal Balance

The usual balance of an account in the accounting system, where asset and expense accounts typically have a debit balance, and liability, equity, and revenue accounts have a credit balance.

Discount Period

The timeframe within which a buyer can take advantage of a discount for paying an invoice early.

F.O.B Shipping Point

Free on Board Shipping Point, a term indicating that the buyer takes responsibility for goods the moment they leave the seller's premises.