Which of the Following Is True for the Palmer Drought

question 25

Multiple Choice

Which of the following is true for the Palmer Drought Severity Index?

• A) It uses temperature and precipitation to calculate moisture conditions relative to long-term averages.
• B) Negative values reflect drought conditions.
• C) Values near zero reflect average rainfall conditions.
• D) It demonstrates both temporal and spatial climatic variation.
• E) All of the choices are correct.

---

Definitions:

Double-Entry

An accounting principle where every transaction is entered twice, as a debit in one account and a credit in another, to keep the accounting equation balanced.

Accounting Equation

The fundamental principle of accounting that represents the relationship between assets, liabilities, and owner's equity: Assets = Liabilities + Owner's Equity.

Journal Entry

A record in the books of accounts that represents a business transaction, including information like date, accounts affected, and amounts.

Net Income

The total earnings of a company, calculated as revenue minus expenses, taxes, and costs.