The Purpose of a Buffer System Is To

question 92

Multiple Choice

The purpose of a buffer system is to:

• A)maintain a normal growth rate
• B)ensure proper digestion
• C)prevent drastic changes in pH
• D)speed up nerve impulses

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Definitions:

Conservatism

An accounting principle that advises to exercise caution and report expenses and liabilities as soon as possible, but to delay the recognition of revenues and assets.

Gross Profit Method

An inventory estimation technique that determines the cost of goods sold and ending inventory using the gross profit margin.

Gross Profit Method

A technique used for estimating inventory and cost of goods sold, calculated by applying a gross profit percentage to sales.