Is Aging Primarily an Example of a Physical or Chemical

question 34

Multiple Choice

Is aging primarily an example of a physical or chemical change?

• A)Aging is an example of a physical change since it involves our physical bodies getting older each day.
• B)Aging is an example of a chemical change involving the chemical reformation of our biomolecules.
• C)Aging cannot be classified as either a physical or chemical change.
• D)None of the above is true.

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Definitions:

Salvage Value

The predicted sale value of an asset at the end of its operational life.

Trade-In Allowance

The credit offered by a seller for an old item that is given as part of the payment for a new item, reducing the cash needed to complete the new purchase.

Accumulated Depreciation

This refers to the total amount of depreciation expense that has been recorded for an asset since it was acquired, reflecting its decrease in value over time.

Cash Price

The amount of money required to purchase a good or service using cash, as opposed to credit terms or financing.