In Consolidation at December 31, 2020, What Adjustment Is Necessary

question 64

Multiple Choice

In consolidation at December 31, 2020, what adjustment is necessary for Hogan's Equipment account?

• A) $2,000 increase.
• B) $2,000 decrease.
• C) $1,800 increase.
• D) $1,800 decrease.
• E) No adjustment is necessary.

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Definitions:

Density-independent Factor

A factor affecting populations regardless of their density, such as weather or natural disasters.

Survivorship Curve

A graph showing the proportion or number of individuals surviving at each age for a given species or group.

Type III

Often refers to Type III hypersensitivity reactions in immunology, involving immune complex-mediated reactions.

Age Structure Diagrams

Visual representations that show the distribution of a population by age and sex, often used to predict population growth trends and social needs.