Select the Correct Descending Taxonomic Hierarchy (Left to Right)

question 50

Multiple Choice

Select the correct descending taxonomic hierarchy (left to right) :

• A)family, order, class
• B)family, genus, species
• C)genus, species, family
• D)class, phylum, order
• E)kingdom, domain, phylum

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Definitions:

Allowance Account

An account used to record reductions in the book value of accounts receivable due to potential future defaults on payments.

Doubtful Accounts

Doubtful accounts represent receivables that a company is uncertain to collect, typically categorized separately to reflect potential losses.

Cash Discount

A reduction in the invoice amount by the seller if the buyer pays their bill within a specified time frame, incentivizing prompt payment.

Retail Customers

Individuals who purchase goods and services for personal use from retailers, as opposed to wholesale customers.