Liability may arise because of a method of collecting oil or natural gas. Under this collection method, a high-pressure flow of fluid is injected underground. This collection method is called

A) clear cutting.
B) flow mining.
C) hydraulic fracturing.
D) slurry mining.


Answer: C

Business

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Suppose a bank has $200 million as transaction deposits, and holds $25 million as reserves. If the reserve requirement is uniformly 10% on any positive amount, the bank's excess reserves equals

A. $25 million. B. $10 million. C. $5 million. D. $1 million.

Business

The correct net income for Sarah Corp was $53,500. However, the company reported incorrect net income because beginning inventory was understated by $2,500, purchases were overstated by $2,000, and ending inventory was overstated by $2,000. What net income did Sarah Corp report?

A) $49,000 B) $51,000 C) $56,000 D) $58,000

Business

The risk of the firm increases the _____________________________________________

Fill in the blank(s) with correct word

Business

The organizational chart of Acme Global looks like a pyramid. It illustrates the various layers in the organization and provides information on the chain of command. Overall, it provides information on ______ in the organization.

A. centralization B. vertical differentiation C. formalization D. horizontal differentiation

Business