Which One of the Following Combinations of Names and Formulas

question 11

Multiple Choice

Which one of the following combinations of names and formulas is incorrect?

• A)H ₃PO ₄ phosphoric acid
• B)HNO ₃ nitric acid
• C)NaHCO ₃ sodium carbonate
• D)H ₂CO ₃ carbonic acid
• E)KOH potassium hydroxide

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Definitions:

Financial Records

Documents and files that track the financial activities of a person or entity, providing a basis for financial planning and decision-making.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the normal operating cycle of the business, whichever is longer.

Balance Sheet

A financial statement that displays the company's assets, liabilities, and shareholders' equity at a specific point in time, offering insight into its fiscal health.

Direct Write-Off Method

A method of accounting for bad debts that charges the amount of an outstanding account directly to the expense account at the time it is deemed uncollectable.