Three Statements Are Listed Below

question 4

Multiple Choice

Three statements are listed below. Pick the best answer.
I. The halogens form ionic compounds with the alkali metal family.
II. The halogens form compounds with other elements on the right side of the periodic table that are generally nonionic gases or low-boiling liquids.
III. Halide salts react with water to form the elemental halogen and metal.

• A) I and II are true, III is false
• B) I and III are true, II is false
• C) II and III are true, I is false
• D) all are true
• E) only I is true

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Definitions:

Effective-Interest Method

A technique for calculating the amortized cost of a bond and the amount of interest income over each period based on the bond's yield at issuance.

Bond Premium

Bond Premium represents the additional amount over the face value that investors pay when they purchase a bond, often due to its interest rate being higher than the current market rate.

IFRS And ASPE

International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) are sets of accounting standards for financial reporting.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.