Which of the Following Represents Primary Succession

question 127

Multiple Choice

Which of the following represents primary succession?

• A) The development of an aquatic community in a newly excavated farm pond, eventually followed by the filling in of the pond with sediment and its conversion to a forest
• B) The development of a terrestrial community on lava produced by a volcanic eruption
• C) The gradual establishment of a forest following a fire that destroyed the previous community
• D) The invasion of weeds followed by shrubs and trees on an abandoned farm field
• E) Both a and b

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Definitions:

Cash Payback Method

A financial analysis method used to determine the time needed for an investment to generate cash flows sufficient to recover the initial investment cost.

Present Value

The current value of a future amount of money or stream of cash flows given a specified rate of return.

Capital Rationing

A strategy or decision-making process that involves allocating and limiting investment funds to various projects to maximize a company's value.

Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.