Watson,Crick and Wilkins Received the Nobel Prize for

question 36

Multiple Choice

Watson,Crick and Wilkins received the Nobel prize for

• A) their work on DNA fingerprinting
• B) determining the secondary structure of DNA
• C) determining the identity of an unknown soldier
• D) determining the primary structure of DNA
• E) determining the tertiary structure of DNA

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Definitions:

Historical Cost Principle

An accounting principle that states all assets and liabilities should be recorded and reported at their original purchase cost.

Comparability

A financial accounting principle that allows the financial statements of multiple periods or companies to be comparable with each other.

Conservatism

An accounting principle that mandates recognizing expenses and liabilities as soon as possible when there is uncertainty about the outcome, but only recognizing revenues and assets when they are assured of being received.

Patent Amortization Expense

The gradual expensing of the cost associated with a patent over its useful life, reflecting the consumption of the patent's value.