Potential Energy Is Best Described as Which of the Following

question 72

Multiple Choice

Potential energy is best described as which of the following?

• A)Energy in motion
• B)Kinetic energy
• C)Stored energy
• D)Unusable energy

---

Definitions:

Periodic Method

An accounting inventory system where updates to the inventory records are made periodically at the end of an accounting period.

Net Purchases

The total amount of purchases minus purchase returns, allowances, and discounts received during a specific period.

Gross Profit

The difference between the revenue generated from goods or services sold and the cost of goods sold (COGS), before deducting overhead, payroll, taxation, and interest payments.

Operating Expenses

Expenses incurred during the ordinary course of business operations, including costs related to sales, administration, and general activities.