Atoms Are Most Likely to Form Ions When They

question 27

Multiple Choice

Atoms are most likely to form ions when they

• A) have an even number of electrons in their outer shells
• B) have a nearly empty outer shell
• C) have an odd number of electrons in their outer shells
• D) have four electrons in their outer shells

Understand how to calculate total direct labor cost variance.

Understand how to prepare a factory overhead cost variance report.

Understand how to prepare an income statement including variance analysis.

Understand the concept and purpose of budgets in organizations.

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Definitions:

Asset Account

This refers to any account on a company's balance sheet that represents a tangible or intangible resource owned by the company that has economic value.

Liquid Accounts

Refers to financial accounts which hold assets that can be readily converted into cash, often with little to no loss in value, such as savings accounts or money market accounts.

Profitability Ratios

Financial metrics used to evaluate a company's ability to generate profit relative to its revenue, assets, equity, or other financial metrics.

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenues; also known as net earnings or net profit.