Which Statement Is Correct

question 11

Multiple Choice

Which statement is correct?

• A)Short-term assets should be financed by long-term liabilities.
• B)Long-term liabilities should be used to finance long-term assets.
• C)Short-term liabilities should be used to finance long-term assets.
• D)None of the above.

---

Definitions:

Ninhydrin

A chemical used primarily in forensic science to detect amines in fingerprints, producing a distinctive blue or purple color.

Biosynthesis

The process by which living organisms produce complex compounds from simpler ones, often involving enzyme catalysis.

Strecker Synthesis

A chemical synthesis method for producing amino acids by reacting an aldehyde with ammonium chloride and potassium cyanide.

Tryptophan

An essential amino acid used by the body to produce serotonin and melatonin, found in various protein-rich foods.