Examlex
Metagenomics aims to learn about the diversity of organisms, particularly microbes that inhabit natural environments. J. Craig Venter, a key figure in the race to obtain the human genome sequence, and his colleagues pioneered this approach in a study that analyzed DNA obtained from microbes collected from the Sargasso Sea, an intensively studied, nutrient-impoverished part of the Caribbean lying to the southeast of Bermuda. (C. J. Venter, K. Remington, J. F. Heidelberg, A. L. Halpern, D. Rusch, J. A. Eisen, D. Wu, I. Paulsen, K. E. Nelson, W. Nelson, D. E. Fouts, S. Levy, A. H. Knap, M. W. Lomas, K. Nealson, O. White, J. Peterson, J. Hoffman, R. Parsons, H. Baden-Tillson, C. Pfannkock, Y.-H. Rogers, and H. O. Smith. 2004. Environmental genome shotgun sequencing of the Sargasso Sea. Science 304:66-74.)
-Refer to the paragraph on the Venter et al. paper and the accompanying table. Because DNAs for sequencing were chosen at random with no way of knowing which organism they came from, how could genes be identified?
Realization of Revenue
The realization of revenue occurs when a company has earned its revenue—typically through the delivery of goods or services—and it can be recognized on the financial statements.
Financial Statements
Financial statements are records that convey the business activities and the financial performance of a company, typically including the balance sheet, income statement, and cash flow statement.
Immediate Recognition
The accounting practice of reporting revenue or expenses in the current period as they are incurred, without deferral.
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