"Artery" and "Vein" Are Defined by Whether They Leave or Enter

question 34

Multiple Choice

"Artery" and "vein" are defined by whether they leave or enter the heart. If they were defined by whether they carried oxygenated or deoxygenated blood, we would have to change the name(s) of

• A) the hepatic portal vein to a hepatic portal artery.
• B) the hepatic and renal systems; they would have to be switched.
• C) the pulmonary artery and vein; they would have to be switched.
• D) the coronary artery and vein; they would have to be switched.
• E) none, since the aorta and vena cava do not have "artery" and "vein" in their name.

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Definitions:

GAAP Estimate

An accounting estimate made following Generally Accepted Accounting Principles guidelines.

Prior-Period Adjustment

Corrections made to an organisation’s financial statements for errors found in the financials of preceding periods.

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners, including all unrealized gains and losses.

Operating Loss

A negative financial result that occurs when a company's operating expenses exceed its gross profits.