An Open System Is Characterized by

question 70

Multiple Choice

An open system is characterized by

• A)inputs of energy and matter that come from outside the system.
• B)energy and matter that are stored in the system,but not within the living tissue.
• C)negative feedbacks rather than positive feedbacks.
• D)the absence of secondary consumers.

---

Definitions:

Period Cost

Expenses that are not directly tied to the production process and are expensed in the period in which they are incurred.

Manufacturing Company

An enterprise that processes raw materials or semi-finished goods into finished goods through the use of labor, machinery, tools, and chemical or biological processing or formulation.

Period Cost

Expenses on the income statement that are not directly tied to the production process, such as administrative salaries and marketing costs.

Supplier

An entity that provides goods or services to another entity, typically a part of the supply chain.