Match the Terms, Labelled A

question 423

Multiple Choice

Match the terms, labelled a. through c., with their characteristics, labelled 1. (Options may be used more than once or not at all.)
-high yield of ATP

• A)glycolysis
• B)citric acid cycle
• C)oxidative phosphorylation

---

Definitions:

Inventories

Assets held for sale in the ordinary course of business, or in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.

Net Realizable Value

Net realizable value is the estimated selling price of goods minus the costs of their completion and disposal, used to assess inventory valuation.

Lower of Cost

An accounting principle requiring that inventory is recorded at the lower of its original cost or current market value.

Long-Term Debt

Borrowings and financial obligations that are due after a period greater than one year, used as a source of long-term financing.