Place the Following in the Correct Order, as Found in the Muscularis

question 60

Multiple Choice

Place the following in the correct order, as found in the muscularis layer of the stomach, from outermost to innermost:
1) oblique layer
2) circular layer
3) longitudinal layer

• A) 2, 1, 3
• B) 3, 1, 2
• C) 1, 2, 3
• D) 3, 2, 1

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Definitions:

Direct Method

In cash flow reporting, this accounting method lists major cash inflows and outflows directly, showing the exact sources and uses of cash during the reporting period.

Gain on Sale

The financial benefit realized when selling an asset for more than its book value or cost basis.

Operating Activities

Activities directly related to the day-to-day operations of a business, including revenue and expense transactions affecting net income.

Operating Activities

Activities that relate directly to the primary operations of the company, such as manufacturing, distributing, marketing, and selling a product or service.