What Is the Name Used to Describe the Situation When

question 116

Multiple Choice

What is the name used to describe the situation when a compound containing an ion in common with a dissolved substance is added to a solution at equilibrium which shifts the equilibrium?

• A) Shift ion
• B) Shift reagent
• C) Equilibrium ion
• D) Common ion effect
• E) Ion adduct

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Definitions:

Specific Identification

An inventory valuation method where individual costs are assigned to specific goods or inventory items, useful for tracking high-cost or unique items.

Average Costing

A method of inventory valuation where the cost of goods sold and ending inventory values are determined by averaging the cost of all similar items in the inventory.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the number of outstanding shares.

Earnings Per Share

Earnings Per Share (EPS) is a measure of a company's profitability, calculated as net income divided by the number of outstanding shares.