Loss of Forest in Tropical Areas Has Resulted In

question 8

Multiple Choice

Loss of forest in tropical areas has resulted in:

• A)decrease in diversity of both plant and animal species.
• B)greater diversity in plant habitats resulting in the rise of new animal species.
• C)long-term increase in habitat stability that will ultimately benefit humans.
• D)long-term economic gain at the expense of short-term loss of natural habitat.

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Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.

Net Operating Income

The profitability measure that calculates the amount of money a company makes from its primary business operations, excluding costs and expenses related to financing and taxes.

Variable Costing

An accounting method that includes only variable costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculations.

Unit Product Cost

The total cost associated with producing a single unit of a product, including materials, labor, and overhead.