Except for Some Kinds of Foods,modern Industry Has Made Human

question 22

True/False

Except for some kinds of foods,modern industry has made human dependence on soils a thing of the past.

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Definitions:

Cash Dividend

It's a payment made by a company out of its profits to shareholders, distributed in cash, based on the number of shares held.

Expense

An outflow of resources or incurrence of liabilities that result from a company's operations, aimed at generating revenue.

Prior Period Adjustment

A correction of errors in financial statements that were made in previous periods, affecting retained earnings on the balance sheet.

Financial Statements

Official records that detail the financial activities and condition of a business, including income statement, balance sheet, and cash flow statement.