Which One of the Following Quantities Is the Smallest Unit

question 68

Multiple Choice

Which one of the following quantities is the smallest unit of thermal energy?

• A)calorie
• B)kilocalorie
• C)Btu
• D)joule

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Definitions:

GAAP

Generally Accepted Accounting Principles, a standardized set of accounting rules, standards, and procedures used in the accounting industry primarily in the United States.

Purchase Accounting

The process of consolidating and reporting the financials of a merger or acquisition by recording the assets and liabilities at their fair market values.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one document.