Match the Following Terms with Their Definitions

question 44

Multiple Choice

Match the following terms with their definitions.
-Weighted average

• A)Average cost for that period for inventory
• B)Inventory continually updated
• C)(Beginning inventory and ending inventory)÷ 2
• D)New inventory sold first
• E)Cost percentage
• F)Inventory not updated continually
• G)Each cost is known
• H)Old inventory sold first
• I)A ratio
• J)A ratio used to calculate cost of ending inventory
• K)Operating expenses not directly associated with a specific department

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Definitions:

Allosteric Regulators

Substances that affect protein function by binding to allosteric sites.

Activation Energy

The minimum amount of energy required to initiate a chemical reaction, effectively determining the rate at which the reaction will occur.

Enzyme

Biological molecules that significantly speed up the rate of virtually all of the chemical reactions within cells.

Catalyzes

To increase the rate of a chemical reaction without undergoing any permanent chemical change, often pertaining to the action of enzymes.