Environmental Degradation Has Caused All of the Following World Conditions

question 46

Multiple Choice

Environmental degradation has caused all of the following world conditions except:

• A) clearing of forest land to grow food crops.
• B) diminishing of the world's food fish stocks.
• C) reducing food outputs due to air pollution and global warming.
• D) high water stress, which limits access to safe water supplies.

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Definitions:

Avoidable Cost

A cost that can be eliminated by choosing one alternative over another in a decision. This term is synonymous with differential cost and relevant cost.

Activity-Based Costing

An accounting method that assigns costs to products based on the activities involved in producing those products.

Decision

The process of making choices among alternative courses of action.

Sunk Costs

Costs that have already been incurred and cannot be recovered, and thus should not affect future business decisions.