The best and most correct answer among the choices provided by the question is the first choice "gene splicing"
Gene splicing<span> is a post-transcriptional modification in which a single </span>gene<span> can code for multiple proteins. </span>Gene Splicing is done in eukaryotes, prior to mRNA translation, by the differential inclusion or exclusion of regions of pre-mRNA.Gene splicing<span> is an important source of protein diversity.</span>
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Parents could include their kids into interactive activities such as sports or social clubs.
In order to preserve independence, Michael must "Remove himself from the engagement as he considers the offer." (Option B). It is to be noted that this is an internal control problem.
<h3>
What is Independence in this case?</h3>
The absence of situations that jeopardize the internal audit activity's capacity to carry out internal audit tasks objectively is called Independence.
Practically, independence is achieved by ensuring that the internal audit activity has no management control for any of the organization's non-audit functions that are subject to internal audit assessments, and by distancing the internal audit activity's management from the functional oversight of the organization's senior management.
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Full Question:
Michael was on the ABC Accounting Firm's audit team for the Rasmussen Corporation audit. Rasmussen's officers were so impressed with Michael that they offered him a job as Director of Internal Audit at Rasmussen. What should Michael do in order to preserve independence?
A) Tell his superiors as soon as he has decided whether or not to accept the offer.
B) Remove himself from the engagement as he considers the offer.
C) Pray for divine guidance.
D) If he decides to reject the offer, remove himself permanently from the engagement.
In the near run, the firm should keep producing because the price is higher than the average variable cost. In economics, the variable cost per unit is known as the average variable cost. Variable cost is divided by the output to derive the average variable cost.
In the short term, the firm use the average variable cost to determine whether to stop production. The variable cost per unit of total product is known as the average variable cost (AVC) (TP). Divide variable cost at a given total product level by total product to compute AVC. This computation is used to calculate the cost per unit of output.
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