Which of the Following Statements Is TRUE

question 30

Multiple Choice

Which of the following statements is TRUE?

• A) The average first-flowering date for spring-blooming plants has been unaffected by warming temperatures.
• B) The average first-flowering date for summer-blooming plants is occurring later than it did 50 years ago.
• C) Plants that are blossoming earlier are also keeping their blossoms longer.
• D) An average monthly temperature increase of as little as 1ºC can cause plants to bloom several days earlier than average.
• E) Early blooming is likely only occurring in a few tree species.

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Definitions:

Financial Statements

Financial statements are formal records that outline the financial activities and condition of a business, entity, or individual, encompassing the balance sheet, income statement, and cash flow statement.

General Journal

The primary bookkeeping record in double-entry accounting, used to record all transactions by date, before they are posted to individual accounts in the general ledger.

Book of Original Entry

The Book of Original Entry refers to the initial record where financial transactions are documented chronologically.

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.