Which of the Following Statements Is FALSE

question 34

Multiple Choice

Which of the following statements is FALSE?

• A) Enzymes make reactions 10³ to 10²⁰ times faster.
• B) Enzymes lower the amount of energy needed for a reaction.
• C) Enzymes are chemically unchanged during the actual catalytic process.
• D) Enzymes speed up the attainment of a reaction equilibrium.
• E) Enzymes are proteins.

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Definitions:

Residual Value

The estimated worth or salvage value of an asset at the end of its useful life.

Net Income

The total profit of a company after all expenses, including taxes and operational expenses, have been deducted from total revenue; essentially, it's the bottom line of the income statement.

Average Rate

A term often used in finance to describe the mean rate of return or the mean rate of interest over a specified period.

Fixed Asset

Fixed asset, also known as a non-current asset, is a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.