Activities That Affect Long-Term Assets Are

question 20

Multiple Choice

Activities that affect long-term assets are:

• A) operating activities.
• B) investing activities.
• C) financing activities.
• D) noncash investing and financing activities.

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Definitions:

Aquifer

Porous rock layer that holds some groundwater.

Surface Water

Water that is found on the surface of the earth, such as rivers, lakes, and ponds, as opposed to groundwater.

Earth's Water

The total amount of water present on Earth, including oceans, seas, rivers, lakes, ice caps, glaciers, and moisture in the atmosphere.

Heterotrophic

Organisms that cannot synthesize their own food and rely on other organisms for nutrition.