There Were 250 Elk in a Population Within a Park

question 38

Multiple Choice

There were 250 elk in a population within a park in 1900.By 2000 there were 325 elk.This change represents a(n) ________ in population ________.

• A) decrease; size
• B) decrease; density
• C) increase; size
• D) increase; density

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Definitions:

Transactions

Financial activities or events that affect the financial position of a business, such as sales and purchases.

Accounting Equation

The foundational principle in accounting that equates assets with the sum of liabilities and owner's equity: Assets = Liabilities + Equity.

Equity

Equity represents the ownership value held in assets after all liabilities have been subtracted, often referred to as net worth.

Sole Proprietorship

A business structure in which a single individual owns and operates the business, bearing unlimited personal liability.