Which of the Following Statements Is FALSE

question 15

Multiple Choice

Which of the following statements is FALSE?

• A)The Check Clearing for the 21st Century Act (Check 21),which became effective on October 28,2004,eliminated the disbursement float due to the check-clearing process.
• B)Trade credit is,in essence,a loan from the selling firm to its customer.
• C)The accounts receivable balance represents the amount that a firm owes its suppliers for goods that it has received but for which it has not yet paid.
• D)Providing financing at below-market rates is an indirect way to lower prices for only certain customers.

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Definitions:

Duplicated Chromosomes

Duplicated chromosomes refer to chromosomes that have been replicated and consist of two identical sister chromatids joined at a centromere.

Anaphase II

A phase of meiosis II where sister chromatids are pulled apart towards opposite poles of the cell.

Sister Chromatids

Identical copies of a chromosome that are connected by a centromere.

Duplicated Chromosomes

Chromosomes that have undergone replication resulting in two identical copies, a process crucial for cell division.