The Owners' Equity of Any Business Is Its

question 127

Multiple Choice

The owners' equity of any business is its:

• A) revenues minus expenses.
• B) assets minus liabilities.
• C) assets plus liabilities.
• D) paid-in capital plus assets.

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Definitions:

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, affecting various functions and characteristics of an organism.

Genetic Code

The collection of principles governing how genetic information (encoded in sequences of DNA or RNA) is converted into proteins within living cells.

Nucleotides

Organic molecules that serve as the basic building blocks of nucleic acids, such as DNA and RNA, composed of a nitrogenous base, a five-carbon sugar, and one or more phosphate groups.

Mutation

A sudden variation in an inheritable characteristic, as distinguished from a variation that results from generations of gradual selection.