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Oliver Has Inherited Genes That Put Him at Risk for Developing

question 162

Multiple Choice

Oliver has inherited genes that put him at risk for developing diabetes, but because of his healthy diet and exercise he is not diabetic. This example demonstrates that human characteristics, including diabetes, are _____.


Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Bad Debt Expense

The cost associated with accounts receivable that a company does not expect to collect because customers default on their payments.

Note Duration

The length of time until a promissory note, or loan agreement, is due to be paid in full.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, indicating its worth at issuance.

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