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During development, cells can respond to the presence of hormones and other signals with changes in gene expression that can bring about cell differentiation. In most cases, the differentiated state needs to be maintained through subsequent cell divisions and long after the inducing signal has disappeared. Describe a mechanism that can maintain the differentiated state after the inducing signal has disappeared.
Cash Collection
The process of gathering and processing payments received from customers.
Prior Year
Prior year refers to the last completed fiscal or calendar year used as a reference point in financial and operational analysis.
Current GAAP
The most up-to-date set of Generally Accepted Accounting Principles that companies are required to follow when preparing financial statements.
Direct Method
A cash flow statement preparation approach that lists major categories of gross cash receipts and payments.
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