Which of the Following Statements About Species, as Defined by the Biological

question 22

Multiple Choice

Which of the following statements about species, as defined by the biological species concept, is (are) correct?
I.Biological species are defined by reproductive isolation.
II.Biological species are the model used for grouping extinct forms of life.
III.The biological species is the largest unit of population in which successful interbreeding is possible.

• A) I and II
• B) I and III
• C) II and III
• D) I, II, and III

---

Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed overhead—in the cost of a product.

Unit Product Cost

The calculation of the total cost (including materials, labor, and overhead) to produce a single unit of a product.

Variable Costing

A costing method in which all variable manufacturing costs are included as inventoriable costs, while fixed manufacturing overhead is treated as an expense of the period.

Net Operating Income

A company's operating income after all operating expenses, excluding taxes and interest, have been deducted.