Which of the Following Statements Is FALSE

question 86

Multiple Choice

Which of the following statements is FALSE?

• A) The pH of blood is slightly basic.
• B) The more hydrogen ions in a solution, the more acidic the solution.
• C) When acids and bases are mixed, they react with each other to form water and a salt.
• D) When the hydrogen ion concentration decreases, the hydroxyl ion concentration also decreases.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported on the income statement as a non-operating expense.

Net Profit Margin Percentage

A financial metric expressing the percentage of revenue remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.

Gross Margin

The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activity.

Net Operating Income

The profit generated from a company's operational activities, excluding taxes and interest.