Examlex
Which of the following occurs when an acid reacts with an active metal?
Hedge Accounting
Accounting techniques that modify the standard rules of accounting to recognize the offsetting effects on the financial statements of both the hedged item and the hedging instrument.
Mandatory
Required or obligatory; something that must be done or adhered to.
Optional
Referring to a choice or discretion available in a process or decision, where participation or selection is not mandatory.
Receivable
An amount of money owed to a business by its customers or clients for goods or services provided on credit.
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