Which of the Following Is Correct Concerning the Following Equilibrium

question 9

Multiple Choice

Which of the following is correct concerning the following equilibrium?
CO₂ + H₂O H₂CO₃

• A) An increase in the pressure of CO₂ will result in a decrease of pH.
• B) This reaction is catalyzed by carbonic anhydrase.
• C) The H₂CO₃ dissociates to H⁺ and bicarbonate ion, HCO₃^-.
• D) The majority of CO₂ is transported to the lungs in the form of HCO₃^-.
• E) All of the answers are correct.

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Definitions:

Basis of Measurement

The specific basis chosen to measure various types of assets, liabilities, income, and expenses, such as historical cost, fair value, and amortized cost.

Accrual

An accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.

Net Cash Inflow

The difference between all cash received and all cash spent by a company during a specific period.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents.