Which of the Following Statements Is FALSE

question 151

Multiple Choice

Which of the following statements is FALSE?

• A) Spin quantum number is the fourth quantum number and it represents the spin of an electron.
• B) No two electrons in an atom can have the same four quantum numbers.
• C) Repulsion of one electron by other electrons is known as shielding.
• D) An atom or ion that contains unpaired electrons is attracted to an external magnetic field and is called diamagnetic.
• E) The electrons that are represented outside the core electrons are called valence electrons.

Recognize the financial reporting requirements and options available to Canadian private not-for-profit organizations.

Apply accounting principles to real-life scenarios involving not-for-profit financial transactions and reporting.

Analyze the effects of transactions on the financial statements of not-for-profit organizations.

Distinguish between different methods of recognizing donation revenue under various conditions.

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Definitions:

Marshall Plan

A US initiative to aid Western Europe after World War II, providing economic assistance to help rebuild European economies and prevent the spread of communism.

Soviet Annexation

The forceful acquisition and incorporation of territory by the Soviet Union into its sovereign boundaries, typically against the will of the annexed territory's populace.

Josef Stalin

Soviet leader from the mid-1920s until his death in 1953, known for his dictatorship, the establishment of a state-controlled economy, and political purges.

Harry S. Truman

The 33rd President of the United States, serving from 1945 to 1953, known for implementing the Marshall Plan to rebuild Europe’s economy after World War II, among other things.