Why Were the Slime Molds and Water Molds Once Considered

question 60

Multiple Choice

Why were the slime molds and water molds once considered to be fungi?

• A) Early identification methods focused on appearances rather than biochemical characteristics.
• B) Early identification methods focused on appearances rather than genetic similarities/differences.
• C) Water molds and slime molds are STILL considered to be fungi.
• D) They have the same material in their cell walls (chitin) that fungi possess.
• E) Water molds and slime molds always occur in the same habitats as fungi.

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Definitions:

Depreciation Expense-Equipment

The allocation of an equipment's cost over its expected useful life to reflect its decrease in value over time.

Income Statement Columns

Sections in an income statement that categorize financial data into revenue, expenses, profits, and other relevant financial information for analysis.

Adjusting Entries

Accounting entries made to adjust the books of accounts to reflect the true financial position and performance of a company at the end of a financial period.

Salaries Expense

The total amount recorded by a company for the salaries of its employees.