In Animals with a Closed Circulatory System, the Liquid Around

question 177

Multiple Choice

In animals with a closed circulatory system, the liquid around the body cells is called

• A) blood plasma.
• B) interstitial fluid.
• C) mesolymph.
• D) hemolymph.
• E) intracellular fluid.

---

Definitions:

Finished Goods

Items that have been fully produced but are still awaiting sale or distribution to buyers.

Weighted Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average cost of all units available for sale during the period.

Conversion Activities

Activities in manufacturing that convert raw materials into finished goods.

Weighted Average Method

An inventory valuation method that calculates the cost of goods sold and ending inventory based on the average cost of all inventory items.