Which of These Statements Is/are TRUE

question 4

Multiple Choice

Which of these statements is/are TRUE?

• A) In general, species that can grow at higher temperatures are prokaryotic.
• B) The most thermophilic prokaryotes are species of Archaea.
• C) Chemoorganotrophic organisms are able to grow at higher temperatures than phototrophic organisms.
• D) All of the statements are true.

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Definitions:

Permanent Account

A balance sheet account that carries its ending balance over to the next accounting period, such as assets, liabilities, and equity accounts.

Accounting Cycle

The process of recording and processing all financial transactions of a company, from the time the transaction occurs, to its representation on financial statements.

Adjusted Trial Balance

A list of all the accounts and their balances after adjusting entries are made, used to prepare financial statements.

Adjustment Columns

Columns in financial statements or ledgers used to make necessary adjustments for accrual accounting, such as for accrued expenses or revenues.