Which One of the Following Statements Is INCORRECT

question 43

Multiple Choice

Which one of the following statements is INCORRECT?

• A) Energy is neither created nor destroyed in chemical reactions.
• B) Kinetic energy is the energy that results from an object's position.
• C) Exothermic processes transfer heat from the system into the surroundings.
• D) Increasing the thermal energy of a gas increases the motion of its atoms.
• E) Energy is the capacity to do work.

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Definitions:

Discount

A reduction from the usual cost of something or the act of lowering the price.

Premium

The amount by which the price of something, especially a financial instrument, exceeds its principal or face value.

Unamortized Premium

The portion of the bond premium that has not yet been expensed to interest expense over the bond's life.

Redemption

The process of paying off or buying back something, such as repaying a bond at maturity or reclaiming ownership rights by paying a specific amount.