Give One Important Use of the Following Metals or Their

question 72

Essay

Give one important use of the following metals or their compounds.
A) chromium
B) manganese
C) mercury
D) silver

• A) chromium
• B) manganese
• C) mercury
• D) silver

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Definitions:

Deferred Tax Liabilities

Future tax payments owed to tax authorities due to temporary differences between accounting income and taxable income.

Municipal Bond

A debt security issued by municipalities to finance its capital expenditures, often tax-exempt for investors.

Warranty Expense

Costs incurred by a company due to repairing or replacing products under warranty.

Bad Debts Expense

An expense reported on the income statement, representing the money lost by a business from non-recoverable credit sales.