All the Following Are True with Regard to Plastic Bottles

question 78

Multiple Choice

All the following are true with regard to plastic bottles except

• A) Americans drink more than 34 gallons per person per year.
• B) Approximately only 37% of the bottles are recycled.
• C) The bottle water industry is regulated by stricter controls than tap water.
• D) High concentrations of bottles have been found in the Pacific Ocean and parts of the Atlantic.

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Definitions:

Cumulative

Pertaining to an aggregate or total amount added up over time, often used in context with dividends that are accumulated if not paid out.

Noncumulative

A term often used in dividends policy, indicating that if a dividend is not paid out, it doesn't accumulate for future payment.

U.S. GAAP

United States Generally Accepted Accounting Principles, which constitute the framework of guidelines for financial accounting used in the US.

Interest Expense

The charge for borrowing money typically calculated as a rate of the principal amount annually.