Which of the Following Statements About Lipids Is Incorrect

question 48

Multiple Choice

Which of the following statements about lipids is incorrect?

• A) They are short chains of polar hydrocarbons.
• B) They are used for energy storage.
• C) They are hydrophobic and water insoluble.
• D) They are large chains of nonpolar hydrocarbons.
• E) They are primary component of cell membranes.

---

Definitions:

Activity-Based Cost

A costing method that assigns costs to products based on the activities they require, providing more accurate product costing.

Indirect Labor

Indirect labor refers to the wages paid to employees who are not directly involved in producing goods but support the production process.

Activity Pools

Groups of related activities in activity-based costing that accumulate costs to be allocated to cost objects.

Activity-Based Cost

A costing method that assigns overhead and indirect costs to specific activities, providing a more accurate reflection of the costs associated with producing specific products or services.