Which of the Following Statements Is NOT True Regarding Source

question 94

Multiple Choice

Which of the following statements is NOT true regarding source of capital transactions?

• A)These processes should not be initiated unless there is specific authorization by management at a top level.
• B) Source of capital processes will result in potential dividend or interest payments.
• C)Retirement of debt is a source of capital process.
• D)The fact that these transactions and processes cannot occur without oversight by top management means other controls are not necessary.

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Definitions:

Regulatory Sequences

Segments of DNA that are involved in controlling the activity of genes, including when, where, and how much of a gene product is made.

Constitutive

Expressed continuously under normal physiological conditions, not subject to regulation by environmental conditions.

Lac Operon

A set of genes involved in the metabolism of lactose in bacteria, along with their promoter and operator sequences that control their expression.

Repressor Protein

A type of protein that binds to specific DNA sequences and inhibits the expression of a gene by blocking RNA polymerase.