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Which of the following statements concerning osmosis is/are CORRECT?
1) Osmosis involves the movement of ions through a semipermeable membrane until the charges on both sides of the membrane are equal.
2) Solvents move from regions of low solute concentration to regions of higher solute concentration.
3) Osmotic pressure is a colligative property.
Total Quality Costs
The cumulative cost of all efforts to achieve product or service quality, including prevention, appraisal, and failure costs.
Weighted-Average Method
A process costing method that blends together units and costs from both the current and prior periods.
Process Costing System
An accounting method used for homogeneous products, allocating costs to units of product based on the processes they undergo.
Equivalent Unit
A measure used in process costing that converts partially completed units into a smaller number of fully completed units.
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