Which of the Following Statements Is FALSE

question 10

Multiple Choice

Which of the following statements is FALSE?

• A) When the hydrogen ion concentration decreases, the hydroxyl ion concentration also decreases.
• B) The more hydrogen ions in a solution, the more acidic the solution.
• C) When acids and bases are mixed, they react with each other to form water and a salt.
• D) The pH of blood is slightly basic.

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Definitions:

Prospective

Relating to or effective in the future, often used in planning and forecasting scenarios.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Depreciation Expense

The portion of the cost of a fixed asset that is considered consumed in each period of the asset's useful life.

Retrospective Adjustments

Adjustments made to the financial statements of prior periods when adopting a new accounting principle, as if that principle had always been applied.