Of the Various Types of Drain Systems,open Ditch Systems Are

question 3

Multiple Choice

Of the various types of drain systems,open ditch systems are most practical and economical for use on __________.

• A)Vertisols
• B)soils which do not freeze during the winter
• C)soils with a deep water Table
• D)poorly drained soils with sandy profiles
• E)clay soils with poor drainage

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Definitions:

Adjusting Entries

Entries in accounting journals, made at the termination of an accounting cycle, serve to apportion incomes and outlays to their actual occurrence period.

Unearned Revenue

Money received by an entity for a service not yet performed or a product not yet delivered. It is recorded as a liability until the service or product is delivered.

Net Income

The total profit or loss of a company after all revenues, expenses, and taxes have been accounted for.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life.