For a Spontaneous Process

question 92

Multiple Choice

For a spontaneous process

• A)energy and entropy are conserved.
• B)energy is conserved and the entropy of the system and surroundings increases.
• C)the energy of the system and the surroundings decreases and the entropy of the system and surroundings increases.
• D)both the energy and the entropy of the system and surroundings decrease.

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Definitions:

Cost Model

An accounting method where an asset is valued based on the historical cost minus any accumulated depreciation and impairment costs rather than its current market value.

Initial Recognition

refers to the first time an entity records an asset, liability, equity, income, or expense based on its recognition criteria in the accounting records, establishing its inclusion in the financial statements.

Accumulated Depreciation

The total amount of depreciation expense that has been charged against an asset over its life up to a specific date.

Impairment Losses

Losses recognized when the carrying amount of an asset, or a cash-generating unit, exceeds its recoverable amount.