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Which of the Following Statements Is/are CORRECT

question 40

Multiple Choice

Which of the following statements is/are CORRECT?
1) A paramagnetic substance is attracted to a magnetic field.
2) An atom with no unpaired electrons is ferromagnetic.
3) Atoms with one or more unpaired electrons are paramagnetic.


Definitions:

Service Charges

Fees assessed for services provided, often by financial institutions or utilities.

NSF

Stands for "Non-Sufficient Funds," indicating a situation where an account does not have enough money to cover a check or withdrawal.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Adjusted Balance

An accounting figure reached after adjusting the book balance of an account for checks and deposits in transit, fees, or errors.

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