In the Spring,before the Leaves Come Out,maple Trees Are Often

question 45

Multiple Choice

In the spring,before the leaves come out,maple trees are often tapped to collect sap to make syrup.The sugars were stored in the wood of the tree as starch and then released as temperatures rise above freezing in late winter.Which of the following best describes the original source of the sugars found in the sap?

• A) photosynthesis occurring in the spring while the sap is flowing
• B) absorbed from the soil.
• C) photosynthesis during the previous summer
• D) breakdown of cellulose in the tree
• E) photosynthesis that winter

---

Definitions:

Pension Expense

An accounting charge representing the cost to a company of providing retirement benefits to employees during a particular time period.

Projected Benefit Obligation

An actuarial measure of the present value of pension benefits owed to employees, accounting for projected salary increases.

Service Cost

The actuarial present value of benefits attributed to employee service during a period, often recognized in pension expense accounting.

Settlement/Discount Rate

The interest rate used in calculating the present value of future cash flows when assessing the value of financial instruments or liabilities.