Examlex

Solved

A Species of Snakes Became Extinct Due to Pollution in a River

question 45

Multiple Choice

A species of snakes became extinct due to pollution in a river where the snakes once lived.This is an example of


Definitions:

Journal Entry

A record in accounting that shows the financial transactions of a company in terms of debits and credits.

Cost Method

An accounting approach where investments are recorded at their acquisition cost, with income recognized only when dividends are received from the investee.

Dividends

Money disbursed to shareholders by a corporation, often coming from the profits of the business.

Cost Method

An accounting practice of recording an investment at its original purchase cost, without reflecting changes in market value, unless a permanent decline in value is acknowledged.

Related Questions