Which One of the Following Is a Pure Substance

question 84

Multiple Choice

Which one of the following is a pure substance?

• A) wood
• B) concrete
• C) salt water
• D) milk
• E) elemental copper

---

Definitions:

Straight-Line Method

A method of depreciation that allocates an equal expense amount to each year of the asset's useful life.

Effective-Interest Method

A way of calculating the amortized cost of a bond and the amount of interest expense over time.

Interest Payment Dates

Specific dates set in a loan agreement or bond indenture on which interest payments are made to lenders or bondholders.

Operating Lease

A leasing agreement allowing the use of an asset without ownership, typically with shorter terms than the asset's life, and where the lessor retains the risks and benefits of ownership.