Which of the Following Statements Is TRUE

question 60

Multiple Choice

Which of the following statements is TRUE?

• A) Bryophytes have a short-lived sporophyte phase.
• B) Bryophytes lack true leaves and stems but possess true roots.
• C) Zygotes of bryophytes are released into the environment after their formation.
• D) Bryophytes do not reproduce asexually.
• E) Bryophytes produce male and female gametophytes that are identical in appearance.

---

Definitions:

Forward Contract

A bespoke pact between two parties for the buying or selling of an asset at a set price on an agreed future date.

Gross Method

A method of recording purchases at the gross invoice amount before any trade discounts are subtracted.

Hedging

A strategy used in financial management to offset potential losses or gains that may be incurred by a companion investment, thereby reducing the risk of adverse price movements.

IFRS

International Financial Reporting Standards, a set of global accounting guidelines providing a common language for business affairs so that company accounts are understandable and comparable across international boundaries.