Which Term Is Incorrectly Matched to Its Description

question 2

Multiple Choice

Which term is incorrectly matched to its description?

• A) Amphipathic: Has properties that are neither hydrophilic nor hydrophobic; hydrophilic: substances which readily dissolve in water; AND hydrophobic: substances which are not readily dissolved in water are all incorrectly matched
• B) Hydrophobic: Substances which are not readily dissolved in water
• C) Hydrophilic: Substances which readily dissolve in water
• D) Amphipathic: Has properties that are neither hydrophilic nor hydrophobic
• E) Hydrophilic: Substances which readily dissolve in water AND hydrophobic: substances which are not readily dissolved in water are both incorrectly matched.

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Definitions:

Ending Inventory

The value of goods available for sale at the end of an accounting period.

Current Cost

The present-day cost to replace an asset or to purchase an equivalent asset, reflecting current market prices.

Actual Cost

The actual amount of money spent to acquire an asset, including all costs necessary to get the asset ready for its intended use.

Specific Identification

An inventory valuation method in which the cost of each individual item in inventory is tracked and used to compute cost of goods sold.