Duckweed Is a Small,flowering Plant That Floats at the Water's

question 24

Multiple Choice

Duckweed is a small,flowering plant that floats at the water's surface.It tends to grow best when nutrient levels are high.When duckweed is abundant,it forms tight mats that cover the surface of ponds and lakes.Consider a situation in which spring storms bring an influx of water and nutrients into a small 4-acre pond,and duckweed populations suddenly explode.Duckweed covers nearly all the surface of the pond,but is regularly washed over the spillway only to be replaced rapidly by the growth of new duckweed plants.
-In this pond,experiencing cultural eutrophication,the growth of this duckweed will

• A)add nutrients to the pond and encourage the growth of phytoplankton.
• B)remove nutrients from the pond and encourage the growth of phytoplankton.
• C)add nutrients to the pond and slow the growth of phytoplankton.
• D)remove nutrients from the pond and slow the growth of phytoplankton.

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Definitions:

Prior Period Adjustment

An adjustment made to the financial statements to correct an error found in a period that has already been reported.

Depreciation Expense

Depreciation expense represents the systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, obsolescence, or other reductions in value.

Uncollectible Accounts

Debts owed to a company that are deemed to be irrecoverable due to various reasons such as bankruptcy of the debtor.

Retained Earnings

The cumulative net income that has been retained by a company for reinvestment in its operations or to pay debt, not distributed to stockholders as dividends.