Select the Classification for the Following Reaction

question 64

Multiple Choice

Select the classification for the following reaction. H₂CO₃(aq)  H₂O(l) + CO₂(g)

• A) combination
• B) decomposition
• C) displacement
• D) acid-base
• E) none of the above

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Definitions:

Income Tax Allocation

The process of assigning the income tax expense or benefit to various accounting periods or components.

ASPE

Accounting Standards for Private Enterprises; a set of accounting policies and principles developed for use by private companies in Canada.

Jointly Controlled Enterprises

A business arrangement between two or more parties who share control over the business operations and decision-making process.

Proportionate Consolidation

An accounting method where an investor entity combines its share of each of the assets, liabilities, income, and expenses of a jointly controlled entity with similar items, line by line, in its financial statements.