When Should an Average Amount Be Used for the Numerator

question 20

Multiple Choice

When should an average amount be used for the numerator or denominator?

• A)When the ratio consists of only statement of financial position items
• B)When the ratio consists of only income statement items
• C)When a ratio consists of an income statement item and a statement of financial position item
• D)Never; the numerator or denominator should always be a year-end balance

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Definitions:

Horizontal Gene Transfer

The movement of genetic material between unicellular and/or multicellular organisms through mechanisms other than traditional reproduction.

Recombination

The process by which pieces of DNA are broken and recombined to produce new combinations of alleles.

Genetic Variation

The diversity in gene frequencies within a population, which is the basis for adaptation and evolution.

Evade

The act of escaping or avoiding something, often by cunning or skill.