The Following Table Shows the Rate of Oil Consumption (In

question 91

Multiple Choice

The following table shows the rate of oil consumption (in thousands of barrels per year) by a certain city. Estimate the total consumption of oil by the city from 1999 -2004 by using 5 equal subdivisions and left-hand endpoints to estimate the area under the graph that corresponds to the table from 1999 to 2004.

• A) 17.704 thousand barrels
• B) 16.632 thousand barrels
• C) 16.816 thousand barrels
• D) 17.546 thousand barrels
• E) 15.689 thousand barrels

---

Definitions:

IFRS

International Financial Reporting Standards, a set of accounting rules and standards that define how transactions and other accounting events should be reported in financial statements. They are designed to be globally consistent to enhance international comparability and quality of financial statements.

Cash Flow Reporting

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Interest Paid

The amount paid over a period for the use of borrowed funds, typically expressed as an annual percentage of the loan amount.

Dividend

A portion of a company's earnings distributed to its shareholders as determined by the company's board of directors.