Which of the Following Statements About Underground Contaminants Is False

question 109

Multiple Choice

Which of the following statements about underground contaminants is false?

• A) Degradable organic wastes do not decompose as rapidly underground as they do on the surface.
• B) There are few decomposing bacteria to aid in degradation of wastes.
• C) Waste products are diluted and dispersed quickly in underground aquifers.
• D) It can take hundreds to thousands of years for contaminated groundwater to cleanse itself of degradable wastes.
• E) In some coastal areas, groundwater has been contaminated by saltwater intrusion.

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Definitions:

Treasury Stock

Shares bought back by the issuing company, reducing the amount of outstanding stock on the open market.

Corporate Stock

Equity securities representing ownership shares in a corporation, entitling shareholders to dividends and a claim on assets and earnings.

Reacquired

Refers to the action of a company purchasing back its own shares or securities from investors.

Cost Method

An accounting method used for investments, where the investment is recorded at acquisition cost without recognizing its undistributed earnings.