Jan Is About to Eat a Slice of Pizza

question 45

Multiple Choice

Jan is about to eat a slice of pizza. In what order will the pizza pass through the organs of her GI tract?

• A)Mouth, ileum, duodenum
• B)Stomach, duodenum, and large intestine
• C)Small intestine, stomach, and large intestine
• D)Jejunum, colon, and cecum

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Definitions:

Gain On Bargain Purchase

Financial gain recognized when a company acquires assets for less than their fair market value.

Deferred Tax Implications

The financial effects on future tax payments or receipts due to temporary differences between the book value and tax base of assets and liabilities.

Issued Shares

Shares that have been allocated to shareholders by a company, representing ownership in the company.

Net Assets

Net assets represent the total assets of a company minus its total liabilities, indicating the actual value of a company’s equity held by shareholders.