The Names of Enzymes Are Often Derived from Which of the Following

question 2

Multiple Choice

The names of enzymes are often derived from which of the following?

• A) the reaction they catalyze
• B) the compound on which they act
• C) the reaction they catalyze and the compound on which they act
• D) none of these

---

Definitions:

Ending Merchandise Inventory

The final value of a company's inventory at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting cost of goods sold.

Gross Profit Rate

The ratio of gross profit to net sales, expressed as a percentage, indicating the efficiency of sales relative to the cost of goods sold.

Net Sales

The revenue from goods or services sold after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Operating Expenses

Operating expenses are costs associated with running a business day-to-day, excluding costs linked to producing goods and services.