A Composite Organism Consisting of a Fungus with Either a Cyanobacterium

question 104

Multiple Choice

A composite organism consisting of a fungus with either a cyanobacterium or green alga as a partner is called a

• A) mycorrhiza.
• B) rust.
• C) lichen.
• D) mycelium.
• E) chytrid.

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Definitions:

Note Receivable

A written promise that someone will pay a business a specific sum of money on a specified date or on demand.

Days' Sales in Receivables

A financial ratio that measures the average number of days that receivables remain outstanding before being collected.

Allowance for Doubtful Accounts

Allowance for doubtful accounts is a financial accounting provision made for receivables that may not be collectible, estimating the portion of outstanding receivables likely to be uncollectable.

Credit Balance

A situation where the amount of credits in an account exceeds the debits, often seen as a positive balance in financial and bank accounts.