The Amount of Energy in Fields Not Yet Identified but Thought

question 68

Multiple Choice

The amount of energy in fields not yet identified but thought to exist is a

• A) nonrenewable energy.
• B) potential reserve.
• C) proven reserve.
• D) resource.
• E) future commodity.

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Definitions:

Investing Activities

Transactions and events related to the acquisition and disposal of long-term assets and investments, a component of a company's cash flow statement.

Indirect Method

A technique for preparing the cash flow statement where adjustments are made to net income to convert it from an accrual basis to a cash basis.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting liquidity.

Cash Dividend

A distribution of a portion of a company's earnings, typically in cash, to its stockholders as a share of the profits.