Which of the Following Statements Is FALSE

question 125

Multiple Choice

Which of the following statements is FALSE?

• A)Internal fertilization occurs only in terrestrial animals.
• B)External fertilization occurs outside of an animal's body, whereas internal fertilization takes place inside an animal's body.
• C)External fertilization usually involves the production of large numbers of gametes to increase the chances of successful fertilization.
• D)Internal fertilization prevents the gametes from drying out.
• E)None of the answer options is true.

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Definitions:

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers, indicating the efficiency of the company’s credit and collection policies.

Current Ratio

A measure of a business's capability to meet its obligations due in less than one year, focusing on its short-term financial health.

Company

A legal entity formed by individuals, stockholders, or shareholders, with the purpose of operating for profit.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to fund day-to-day operations.