For Which Reason(s)may the Inventory at the End of the Year

question 16

Multiple Choice

For which reason(s) may the inventory at the end of the year be worth less than its value shown in the books?

• A) Decline in replacement prices
• B) Physical deterioration
• C) Obsolescence
• D) All of these

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Definitions:

Percent

A measure or ratio expressed as a fraction of 100.

Sex Chromosomes

Chromosomes that determine the sex of an organism, commonly referred to as X and Y chromosomes in many species.

Female Mammals

Members of the mammalian species characterized by the possession of mammary glands with which they feed their young, and typically possessing two X chromosomes.

Barr Body

An inactivated X chromosome found in the nuclei of female mammalian cells.