The Organelle That Is the Equivalent of a Cellular Garbage

question 23

Multiple Choice

The organelle that is the equivalent of a cellular garbage disposal system is the

• A) nucleus.
• B) lysosome.
• C) mitochondrion.
• D) glucosome.
• E) Golgi apparatus.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including direct materials, direct labor, and manufacturing overhead.

Income Summary Account

An account used in the closing process that summarizes the revenues and expenses of a period, ultimately transferring the net income or loss to retained earnings.

Accounting Period

The time span for which financial statements are prepared, typically a year, a quarter, or a month.

Actual Manufacturing Overhead

The real expenses incurred during the manufacturing process, excluding direct labor and raw material costs, such as utilities, depreciation, and maintenance.