The Simplest and Least Expensive Method for Testing for Possible

question 2

Multiple Choice

The simplest and least expensive method for testing for possible carcinogenic activity is

• A)the Ames test.
• B)animal testing.
• C)epidemiological studies.
• D)human testing.

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Definitions:

Outstanding Checks

Checks that have been written and recorded in a company's books but have not yet been cleared or cashed by the bank.

Deposit In Transit

Refers to money that has been received and recorded by a business but has not yet been recorded by the bank.

Notes Receivable

Claims against others for money, goods, or services evidenced by promissory notes that are to be paid within a certain period of time.

Bank Reconciliation

is a process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.