Which of the Following Statements Are True of the Functions

question 2

Multiple Choice

Which of the following statements are true of the functions of the liver (Select all that apply) ?

• A)The liver stores vitamins E,K,and B₆.
• B)Excess cholesterol is excreted into bile to be eliminated in feces.
• C)The liver produces the essential amino acids needed for body proteins.
• D)Excess glucose is stored as glycogen,and the hormone glucagon facilitates this process.
• E)Kupffer cells phagocytize bacteria that may get to the liver.
• F)Deamination produces urea,a nitrogenous waste product that will be excreted by the kidneys.
• G)The liver produces the clotting factor fibrinogen.
• H)The liver forms lipoproteins to store fat in hepatocytes.

Apply standard cost variances to affect the Cost of Goods Sold.

Understand the concept of standard cost system and its application in the manufacturing industry.

Analyze how variances are calculated within standard costing systems, including material, labor, and overhead variances.

Apply knowledge of accounting transactions to record the purchase and usage of raw materials, direct labor, and manufacturing overhead under a standard cost system.