If All Samples of a Material Have Identical Properties and Composition

question 90

Multiple Choice

If all samples of a material have identical properties and composition, it is

• A) a compound.
• B) an element.
• C) a homogeneous mixture.
• D) an element or compound.

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Definitions:

Residual Value

The calculated estimate of what an asset will be worth when it reaches the end of its functional life.

Straight-Line Depreciation

Straight-line depreciation is a method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Book Value

The value of an asset as it appears on the balance sheet, determined by cost minus accumulated depreciation.

Depreciable Cost

The cost of an asset that is subject to depreciation over its useful life, excluding any salvage value.