Refer to the Figure

question 7

Multiple Choice

Refer to the figure. The basket-like structure in the figure is derived from which structure(s) ?

• A) Post-anal tail
• B) Notochord
• C) Hollow dorsal nerve cord
• D) Pharyngeal slits
• E) Segmented muscles

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Definitions:

Operating Profit

The profit earned from a firm's core business operations, excluding deductions of interest and tax, as well as any non-operational income and expenses.

Loss

A financial situation where expenses exceed revenues.

Pension Expense

The total cost recognized by an employer for an accounting period regarding the company’s pension plan, comprising service costs, interest costs, plan amendments, and other factors.

Operating Segments

Components of an enterprise that engage in business activities earning revenues and incurring expenses, whose operational results are regularly reviewed by the entity's chief operating decision maker.