Historically,an Unusual Aspect of the Recent Rise in CO₂ Levels

question 51

Multiple Choice

Historically,an unusual aspect of the recent rise in CO₂ levels is that

• A) there is no known mechanism for its occurrence.
• B) CO₂ reacts so quickly with other compounds that it should not be occurring.
• C) it has occurred relatively slowly.
• D) it has occurred relatively rapidly.

---

Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts, closing out the period.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions to shareholders, reinvested in the business or kept as reserve.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thus preparing the books for the next period.

Adjusted Trial Balance

An enumeration of every account and its balance following adjustment entries, employed in the development of financial reports.