Vinegar Is Composed of Approximately 5% Acetic Acid and 95

question 24

Multiple Choice

Vinegar is composed of approximately 5% acetic acid and 95% water.Which one of the following is the best classification of vinegar?

• A)pure substance
• B)element
• C)compound
• D)mixture

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Definitions:

Direct Method

A method of computing the net cash provided by operating activities in which the income statement is reconstructed on a cash basis from top to bottom.

Indirect Method

A method of computing the net cash provided by operating activities that starts with net income and adjusts it to a cash basis. It is also known as the reconciliation method.

Inventory

Raw materials, work-in-process, and finished goods that a company holds with the intent to sell or use in production.

Wages Payable

An account that records the amounts owed to employees for work performed that have not yet been paid.