What Two Products Are Formed in the Hydrolysis of a Wax

question 43

Multiple Choice

What two products are formed in the hydrolysis of a wax?

• A)a long-chain alcohol and an ester
• B)a fatty acid and an ester
• C)a fatty acid and a long-chain alcohol
• D)a triglyceride and a soap
• E)an alcohol and a bile salt

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Definitions:

Intangible Assets

Non-physical assets that represent a value to the company, such as trademarks, patents, and goodwill.

Amortizing

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Indefinite Lives

Refers to intangible assets that do not have a predictable useful life, making their amortization over time inappropriate.

Patent Amortization Expense

The annual charge to expense over the useful life of a patent, representing the cost allocation of its value as an intangible asset.