Which of the Following Statements Concerning ATP Is FALSE

question 7

Multiple Choice

Which of the following statements concerning ATP is FALSE?

• A) It is a nucleotide.
• B) It is called the energy currency of the cell.
• C) It contains phosphate groups joined in a series.
• D) It stores energy for long periods.
• E) It contains phosphate groups joined by unstable bonds.

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A component of shareholders' equity that includes unrealized gains and losses on certain types of investments, not recognized in the income statement.

Stock Dividends Distributable

A liability account that records the amount of dividends declared by the company to be paid out in the form of additional shares.

Retained Earnings

The portion of net income that is retained by the company rather than distributed to its owners as dividends.