What Are Ecosystem Services

question 7

Multiple Choice

What are ecosystem services?

• A) a system of trade for nature products
• B) nonessential processes of nature
• C) life-supporting ecological processes
• D) services that are only valuable to humans
• E) all life-supporting processes that do not garner a monetary benefit for humans

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Definitions:

Adjusting Entries

These are journal entries made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Expense Account

An account used to track expenditures or costs incurred by a business or an individual for operational purposes.

Asset Account

An account that tracks resources owned or controlled by a business or individual which have economic value.

Unearned Items

Income received for goods not yet delivered or services not yet provided, considered a liability until the goods or services are delivered.