Use of Biochar Removes Carbon from the Atmosphere by

question 64

Multiple Choice

Use of biochar removes carbon from the atmosphere by

• A)fertilizing the Amazon Basin.
• B)burning biomass such as chicken waste.
• C)making an excellent organic fertilizer
• D)keeping carbon in the soil for up to 1,000 years.
• E)releasing small amounts of carbon dioxide when it is made.

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Definitions:

Contra-Revenue Accounts

Accounts used to record reductions in gross revenue, such as sales returns, allowances, and discounts, to arrive at net revenue.

Gross Profit

The financial metric calculated by subtracting the cost of goods sold from total sales revenue, representing the efficiency of a company in managing its production and sales.

Perpetual System

An inventory system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate period for accurate financial reporting.