A Biochemist Discovers Several New Microorganisms in a Sample Taken

question 165

Multiple Choice

A biochemist discovers several new microorganisms in a sample taken from the bottom of a deep lake in Antarctica.In characterizing one of these organisms, she finds that it cannot survive in an aerobic environment and produces lactic acid as a waste product.What is also likely true about this organism?

• A) It is able to oxidize pyruvate to acetyl CoA.
• B) It is able to oxidize glucose to carbon dioxide.
• C) It lacks genes for citric acid cycle enzymes.
• D) It expresses all of the respiratory chain proteins.
• E) It lacks genes for the glycolytic enzymes.

Recognize the importance and ethical requirements of managerial accountants as outlined by professional standards.

Understand the inventory account types and valuation methods within a manufacturing company.

Identify key managerial accounting concepts aimed at improving company performance.

Distinguish between managerial and financial accounting.

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Definitions:

Internal Control

A system implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.

Payrolls

The total amount of money a company pays to its employees for a set period of time, including wages, salaries, bonuses, and deductions.

Fully Funded Pension Rights

A pension plan that has enough assets to meet all its obligations to retirees and current employees.

Pension Expense

The cost recognized by an employer for contributions to pension plans on behalf of its employees for the current period.