Which Statement Is Incorrect

question 41

Multiple Choice

Which statement is incorrect?

• A) Somatostatin is produced by the hypothalamus.
• B) Somatostatin is produced by the pancreatic D cells.
• C) Somatostatin inhibits growth hormone secretion.
• D) Somatostatin inhibits digestion of nutrients and decreases nutrient absorption.
• E) Somatostatin is released in response to a fall in blood glucose and blood amino acids.

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Definitions:

Cost Category

A classification of costs based on their nature or function within a business, often used for accounting and budgeting purposes.

Step-Down Method

The step-down method is a cost allocation approach used in accounting, which assigns overhead costs to various departments in steps, based on specified allocation bases.

Operating Departments

The divisions within a company where the primary functions related to the production of goods or provision of services are carried out.

Direct Method

An accounting approach used to allocate service department costs directly to producing departments without considering services rendered between service departments.