In the Third Week Following Conception, a Primitive Structure That

question 23

Multiple Choice

In the third week following conception, a primitive structure that eventually becomes the brain and spinal cord is formed when a portion of the ectoderm folds over.What is this structure called?

• A)blastocyst
• B)peripheral nervous system
• C)neural tube
• D)chorion

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Definitions:

Deferred Income Taxes

Taxes applicable to income that is booked but not yet paid, reflecting the timing difference in recognizing income for accounting and tax purposes.

Financial Reporting Choices

The selection among alternative accounting methods and estimates by companies in presenting their financial information.

Interfirm Comparisons

The analysis and comparison of financial and operational data from different companies within the same industry, used to benchmark performance and practices.

Deferred Tax Assets

Financial items on a company's balance sheet that can be used to reduce future tax liability.