Which Statement About Gastrin Is False

question 24

Multiple Choice

Which statement about gastrin is false?

• A) It stimulates secretion of pepsin.
• B) It stimulates secretion of HCl.
• C) Its release is stimulated by low pH.
• D) It increases motility in the stomach.
• E) It travels through the blood to each part of the stomach.

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Definitions:

Allowance for Doubtful Accounts

A contra-asset account used to estimate the amount of accounts receivable that may not be collectible.

Uncollectible Expenses

Costs resulting from customers' failure to pay what they owe, also known as bad debts.

Percent of Sales Method

A financial forecasting model that predicts future variables, such as expenses and inventory levels, as a percentage of projected sales.

Credit Sales

Sales of goods or services that are paid for at a later date, extending credit to customers.