A Researcher Is Comparing the Genetic Sequences of Chloroplasts and Certain

question 128

Multiple Choice

A researcher is comparing the genetic sequences of chloroplasts and certain cyanobacteria. What will she likely find?

• A)Chloroplast genetic sequences will always be different from those of cyanobacteria, regardless of the species of cyanobacteria.
• B)Chloroplast genetic sequences will always be the same as the genetic sequences contained in cyanobacteria, regardless of the cyanobacteria species.
• C)Chloroplast genetic sequences may be the same as the genetic sequences of certain cyanobacteria, depending upon the species of cyanobacteria.

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Definitions:

Percentage-of-Receivables Basis

A method used to estimate the amount of bad debt expense by applying a fixed percentage to the total amount of accounts receivable.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of a company's receivables that may not be collectible.

Bad Debt Expense

An expense reported on the income statement, representing the amount of non-collectible accounts receivable during a period.

Direct Write-off Method

An accounting method where bad debts are expensed only when they are deemed uncollectible.