Please Use the Following Information to Answer the Questions Below

question 59

Multiple Choice

Please use the following information to answer the questions below.
Traditionally,zoologists have placed birds in their own class,Aves.More recently,molecular evidence has shown that birds are more closely related to reptiles than their anatomy reveals.Genetically,birds are more closely related to crocodiles than crocodiles are to turtles.Thus,bird anatomy has become highly modified as they have adapted to flight,without their genes having undergone nearly as much change.
-Taxonomically,what should be done with the birds?

• A)The traditional stance is correct.Such dramatic morphological change as undergone by birds indicates that birds should be placed in their own order,separate from the reptiles.
• B)Birds should be reclassified,and their new taxon should be the subclass Aves.Genetic similarity trumps morphological dissimilarity in cases where morphological traits are uninformative.
• C)The rest of the reptiles should be reclassified as a subclass within the class Aves.
• D)The classification scheme should remain the same because of historical precedence.

Identify the impact of changes in current assets and current liabilities on cash flows from operating activities.

Differentiate between operating, investing, and financing activities in the context of the statement of cash flows.

Analyze the effect of non-cash transactions and events on the statement of cash flows.

Calculate cash flows from operating activities using the indirect method.

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Definitions:

Continuing Operations

The parts of a business expected to continue operating into the foreseeable future, excluding discontinued operations.

Production Phase

The stage of business operations involved in the manufacturing or production of goods and services.

Specific Customer

A distinct client or customer that a business targets, serves, or deals with, often characterized by unique preferences or requirements.

Exchange Price

Exchange price refers to the price at which a commodity, security, or currency is traded on an exchange market.