A Pure Substance That Is Composed of Only One Type

question 4

Multiple Choice

A pure substance that is composed of only one type of atom is best classified as

• A) an element
• B) a compound
• C) a homogeneous mixture
• D) a heterogeneous mixture

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Definitions:

Sunk Costs

Expenses that have already been incurred and cannot be recovered, which should not influence future business decisions.

Replacement Projects

Investments made to replace worn-out or obsolete assets with new assets.

Expected Savings

Expected savings refer to the projected amount of money saved over a specific period due to cost reduction strategies, efficiencies, or bargain purchases.

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decline in the asset's value over time.