Which of the Following Statements Is/are CORRECT

question 46

Multiple Choice

Which of the following statements is/are CORRECT?
1) Most ionic compounds containing nitrate ion are soluble in water.
2) Most ionic compounds containing sulfate ion are insoluble in water.
3) Most ionic compounds containing carbonate ion are soluble in water.

• A) 1 only
• B) 2 only
• C) 3 only
• D) 1 and 2
• E) 1,2,and 3

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Definitions:

Administrative Costs

All executive, organizational, and clerical costs associated with the general management of an organization rather than with manufacturing or selling.

Facilities Costs

Facilities costs are the expenses associated with the physical locations where business operations occur, including maintenance, utilities, and rent.

Direct Method

A cash flow statement preparation method that lists specific sources of operating cash inflows and uses of cash outflows, as opposed to the indirect method.

Information Technology

The use of computers, telecommunications, and other devices to store, retrieve, transmit, and manipulate data.