Which Activity Would Not Be Considered a Form of Biotechnology

question 128

Multiple Choice

Which activity would not be considered a form of biotechnology?

• A) Selective breeding to produce cows with greater milk yield
• B) Pharming
• C) The use of microbes to produce an antibiotic
• D) The synthetic production of nylon using organic chemistry techniques
• E) The use of yeasts to brew beer and wine

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Definitions:

LIFO

An accounting method for valuing inventory that assumes the last items produced or purchased are the first ones sold.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus purchases minus cost of goods sold.

Overstated

A term used to describe financial statements that report a value or condition as being higher than it actually is.

Understated

Refers to figures or amounts that have been reported lower than they actually are, often affecting financial statements and analysis.