Legumes Are Frequently Grown in Rotation with Primary Field Crops

question 50

Multiple Choice

Legumes are frequently grown in rotation with primary field crops. What is the benefit of this practice?

• A) A greater amount of the primary crop can be harvested each year.
• B) The legumes' symbiotic nitrogen-fixing bacteria add nitrogen to the soil.
• C) Soil erosion is reduced by frequent plowing.
• D) Legumes decrease the amount of organic material in the soil.

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Definitions:

Average-Cost Method

An inventory valuation method that calculates stock value based on the average cost of goods available for sale during the period.

Ending Inventory

Refers to the total value of goods available for sale at the end of an accounting period, not yet sold.

Lower-of-Cost

A principle requiring that inventory is recorded at the lower cost between its original purchase price and its current market price.

Market Inventory

The total quantity of goods available for sale in the market.