Which of the Following Sets of Conditions Could Exist When

question 3

Multiple Choice

Which of the following sets of conditions could exist when two liquids which are completely miscible in one another are mixed?

• A)Δ H _soln > 0, entropy of system decreases
• B)Δ H _soln ≈ 0, entropy of system decreases
• C)Δ H _soln ≈ 0, entropy change of system ≈ 0
• D)Δ H _soln ≈ 0, entropy of system increases
• E)None of these choices are correct.

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Definitions:

Amortized Cost

The amount at which a financial asset or financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization.

Unconsolidated Investee

A company in which the parent company has a significant investment but not enough to exert full control or consolidate the financial statements.

IFRS

A widely-adopted set of rules and principles used in financial reporting and accounting, aimed at providing transparency and consistency in financial statements across international borders.

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.