Identical Twins

question 97

Multiple Choice

Identical twins

• A)share the same genetic code.
• B)are no more alike than other siblings.
• C)result from one ovum fertilized by two separate sperm.
• D)result from two eggs fertilized by two separate sperm.

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Definitions:

Fixed Expenses

Costs that do not change with the level of production or sales activities, such as rent or salaries.

Budgeted Sales

Projected sales volume or revenue for a specific period, used for planning and performance assessment purposes.

Cash Disbursements

Payments made in cash or cash equivalents, often tracked in a ledger to manage cash flow.

Selling and Administrative Expense Budget

A detailed plan outlining the expected selling and administrative expenses for a specific period, usually contributing to the master budget.