Match Each Term with Its Definition

question 49

Multiple Choice

Match each term with its definition.
-Method of screening for breast and ovarian cancer

• A)BRAC analysis
• B)polymerase chain reaction
• C)DNA fingerprinting
• D)genetic counseling
• E)gene therapy
• F)genetic engineering
• G)embryonic stem cells
• H)striated
• I)smooth
• J)cardiac

Analyze the shifts and movements on the production possibilities frontier and interpret their implications.

Understand how technological advancements affect the economy's production possibilities.

Distinguish between positive and normative statements using real-world examples.

Interpret graphical data in economics, such as graphs, tables, and coordinates, to analyze economic concepts.

---

Definitions:

Operating Cycle

The period it takes for a business to buy inventory, sell products, and collect cash from sales, reflecting the efficiency of a company’s operations.

Inventory Period

The average number of days that a company holds its inventory before selling it, indicating the efficiency of its inventory management.

Accounts Receivable Period

The average number of days it takes for a business to receive payments from its customers for goods or services sold on credit.

Cash Cycle

The time period between the outlay of cash for materials or inventory purchase and the receiving of cash from customer sales, critical for understanding a company's liquidity and management efficiency.