Biotechnology Involves the

question 5

Multiple Choice

Biotechnology involves the

• A) use of animal cells to make vaccines.
• B) use of microorganisms to make desired products.
• C) development of disease-resistant crop plants.
• D) use of microorganisms to make desired products, the use of animal cells to make vaccines, and the development of disease-resistant crop plants.
• E) use of microorganisms to make desired products and the use of animal cells to make vaccines.

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Definitions:

Gross Profit

The financial gain made after subtracting the cost of goods sold from revenue, indicating the efficiency of a company in managing its production and labor costs.

Fair Value Hedge

A hedge of the exposure to changes in fair value of a recognized asset or liability or an identified portion of such an asset or liability that is attributable to a particular risk.

Cash Flow Hedge

A hedge of the exposure to variability in cash flows that is attributable to a particular risk associated with a recognized asset or liability, or a highly probable forecast transaction.

Exposure Hedge

A financial strategy utilized to minimize the risk associated with exposure to adverse movements in foreign exchange rates, interest rates, or commodity prices.