Choose the correct order of classification from most inclusive to most exclusive.

A. Kingdom-Domain-Class-Phylum-Order-Family-Genus-Species
B. Domain-Kingdom-Phylum-Class-Order-Family-Genus-Species
C. Kingdom-Domain-Class-Phylum-Order-Genus-Species-Family
D. Kingdom-Class-Phylum-Domain-Genus-Order-Family-Species


Answer: B

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Dahlia is in the process of developing her set of Life Principles. She asks you for your advice. Which of the following statements will you tell Dahlia is important for her to follow when developing her Life Principles?

a. The focus of her Life Principles should reflect what the law says is "right" or "wrong." b. It is better to develop Life Principles that are general in nature rather than ones that are too specific. c. Her Life Principles should be based on her own values. d. Her Life Principles should be based on the moral standards dictated by society.

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Under which category of plans might retirement benefits vary according to the performance of an underlying financial investment?

A) Defined benefit plans B) Defined contribution plans C) Both defined benefit and defined contribution plans D) Neither defined benefit nor defined contribution plans

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Explain the meaning of the "matching concept."

What will be an ideal response?

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L&P Inc., which manufactures electrical components, purchased new equipment for use in its manufacturing process. The MACRS depreciation on the equipment must be capitalized to the cost of inventory under the unicap rules.

Answer the following statement true (T) or false (F)

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