The Term Obligate Refers to

question 42

Multiple Choice

The term obligate refers to

• A)the ability to exist in a wide range of conditions.
• B)existing in a very narrow niche.
• C)using chemicals for energy production.
• D)using light for energy production.
• E)using oxygen for metabolism.

---

Definitions:

Asset

Resources owned or controlled by a company, expected to provide future economic value or benefits.

Owner's Capital

The amount of money and other assets owned by a business's owner after all liabilities have been deducted; also known as owner's equity.

Accounts Receivable

Amounts due from clients to a business for goods or services that have been supplied or rendered but haven't been settled.

Accounts Payable

Amounts owed by a company to suppliers or creditors for goods and services received but not yet paid for.