Which Statement Is Correct

question 105

Multiple Choice

Which statement is correct?

• A) The cathode is the electrode where the oxidation takes place.
• B) The cathode is the electrode where the reduction takes place.
• C) Both oxidation and reduction make take place at the cathode, depending on the cell.
• D) The cathode is always positive.
• E) The anode is always negative.

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Definitions:

Externality

A consequence of an industrial or commercial activity that affects other parties without this being reflected in market prices, often considered as either positive or negative.

Capital Cost Allowance (CCA)

A tax deduction available in Canada for depreciable property that can be used to reduce taxable income.

Straight-line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Projected Cash Flows

Estimated cash movements over a future period, based on expected income and expenses.