Which of the Following Statements Is True

question 31

Multiple Choice

Which of the following statements is true?

• A) during DNA replication the leading strand serves as a template for replication of the lagging strand
• B) fragments on the lagging strand are joined together by ligase
• C) a bacterial chromosome is made up of individual units called Okazaki fragments
• D) two strands of a double helix combine by base pairing in a parallel fashion

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Definitions:

Capital Balances

The amounts of money that the owners or partners have invested in a business, represented in the equity section of the balance sheet.

Partnership Assets

Resources or items of value owned by a partnership that are used in the operation of the business.

Chart of Accounts

A structured list of all the financial accounts used in the organization's general ledger.

Drawing and Capital Accounts

These refer to accounts used in partnerships and sole proprietorships where the 'drawing account' tracks withdrawals made by the owner(s) for personal use, and the 'capital account' tracks the owner's invested equity and retained earnings in the business.