On the Periodic Table, There Is a Family of Elements

question 17

Multiple Choice

On the periodic table, there is a family of elements that are not very reactive but do form compounds under special conditions.The elements in this family are referred to as

• A)noble gases.
• B)transition metals.
• C)alkaline metals.
• D)radioactive.

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Definitions:

Maturity

The date on which a loan or bond comes due and the principal must be repaid or the date upon which an investment reaches its full value.

Adjusting Entry

An accounting entry made at the end of a period to allocate income and expenditure to the correct accounting period.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal, reflecting the net cash inflow that would be received if the goods were sold.

Bad Debt Expense

An expense reported on the income statement, representing the estimated amount of receivables that will not be collected.