Which of the Following Statements Is True

question 73

Multiple Choice

Which of the following statements is true?

• A) Most of the species of animals and plants on Earth have been formally described.
• B) New species are continually being discovered.
• C) Our knowledge of the "Tree of Life" is nearing completion.
• D) There are about one million species living on Earth.
• E) None of the above

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Definitions:

Safety Stock

Safety stock is additional inventory held by a business to prevent stockouts caused by variations in supply and demand.

Cash Flow

Cash Flow refers to the net amount of cash being transferred into and out of a business, indicating the company's liquidity over a certain period.

Precautionary Need

The motive to hold cash or assets to safeguard against unexpected emergencies or transactions.

Speculative Need

A financial concept where individuals or businesses hold cash or assets in speculation of market changes, expecting to profit from fluctuations in prices or exchange rates.