Which of the Following Describes the Basic Way in Which

question 19

Multiple Choice

Which of the following describes the basic way in which electricity is generated using the ocean thermal energy conversion technique, or OTEC?

• A) temperature difference between the surface and deep ocean waters
• B) temperature difference between the incoming and outgoing tides
• C) the ocean's geothermal energy
• D) convection cells within the ocean
• E) heat energy obtained from surface winds blowing across warm ocean waters

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Definitions:

Intra-Entity Gain

A gain recognized when transactions occur within segments of the same company, not usually recognized for external reporting purposes until realized with an external party.

Annual Amortization Expense

The portion of the cost of an intangible asset that is expensed through an organization's income statement each year over the asset's useful life.

Consolidated Tax Return

A tax return that combines the tax liability of all subsidiary companies with that of a parent company, treating them as one entity for tax purposes.

Domestic Subsidiaries

Subsidiaries located in the same country as the parent company, operating under the laws and regulations of that country.