A Shared Ancestral Character Is

question 21

Multiple Choice

A shared ancestral character is

• A) a character that originated in an ancestor of the taxon.
• B) shared by all mammals but not found in their ancestors.
• C) an evolutionary novelty unique to a clade.
• D) an outgroup character.

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Definitions:

Liability

A financial obligation or debt that a company is required to repay to another entity in the future.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment activities, and financial activities over a period.

Financing Activity

Transactions involving the flow of cash between a company and its owners and creditors, including issuing stocks, paying dividends, and borrowing or repaying loans.