Define Activation Energy

question 10

Multiple Choice

Define activation energy.

• A)the difference between the energy of the products and reactants
• B)the energy difference between the maximum energy of reaction and the energy of the products
• C)the minimum total kinetic energy that molecules must bring to their collisions for a chemical reaction to occur
• D)the total kinetic energy of molecules in collisions
• E)the total kinetic energy of molecules in a system

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Definitions:

Incremental Borrowing Rate

The interest rate a company would have to pay if it borrows funds, used as a benchmark in lease accounting to determine the present value of lease payments.

Net Income

The total earnings or profit of a company after all expenses and taxes have been deducted from revenue.

GAAP

Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in any given jurisdiction, primarily in the United States.

Expense Recognition

The accounting principle that dictates the timing of reporting an expense in the financial statements, ensuring expenses are recorded when incurred.