The Large Intestine

question 124

Multiple Choice

The large intestine

• A) contains bacteria that makes vitamins we need.
• B) absorbs water that was not absorbed by the small intestine.
• C) concentrates indigestible material into feces.
• D) absorbs water that was not absorbed by the small intestine and concentrates indigestible material into feces.
• E) does all of these.

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Definitions:

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials to be consumed in the production process.

Deferred

Refers to expenses or income that has been incurred but not yet recognized in the accounts, to be recognized in a future period.

Released

Refers to a product or information that has been made available to the public or to a specific group.

Variable Costing

An accounting method that only considers variable costs (costs that change with production volume) in product pricing and decision making.