Which of the Following Is the Correct Order for the Flow

question 54

Multiple Choice

Which of the following is the correct order for the flow of information in the cell?

• A)Proteins code for DNA, which codes for RNA.
• B)RNA codes for DNA, which codes for protein.
• C)DNA codes for protein, which codes for RNA.
• D)DNA codes for RNA, which codes for protein.

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Definitions:

FIFO

"First In, First Out," an inventory valuation method that assumes goods are sold in the order they are acquired.

Gross Profit

The difference between the revenue generated from selling goods or services and the cost of goods sold, excluding indirect expenses like administration costs.

Average Cost Formula

A method used in accounting to calculate the cost of goods sold and ending inventory through dividing the total cost of goods available for sale by the total units available for sale.

FIFO

"First In, First Out," an inventory valuation method where goods first bought are the first ones sold, assuming their cost flows in the order incurred.