Autotrophic Organisms

question 29

Multiple Choice

Autotrophic organisms

• A)can only grow in the presence of oxygen.
• B)use energy from the sun to carry out photosynthesis.
• C)need complex organic compounds to grow.
• D)fix nitrogen from the atmosphere into nitrates.
• E)require oxygen for growth.

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Definitions:

Physical Reductions

Decreases in the quantity or physical state of assets, often associated with inventory or fixed assets through use, wear, and tear.

FIFO Costing

FIFO Costing, or First-In, First-Out costing, is an inventory valuation method where goods first purchased or produced are the first ones sold.

Pretax Income

The amount of income earned by a business before taxes have been deducted, also known as earnings before taxes (EBT).

Inventory Amounts

The price of items that are up for sale at the termination of a bookkeeping period.