Which Statement A-D About a State Function Is Not Correct

question 31

Multiple Choice

Which statement A-D about a state function is not correct?

• A)The value of a state function can change along a path.
• B)The final value of a state function is independent of the path taken to reach the final state.
• C)All forms of energy must be state functions because energy is conserved in any process.
• D)Examples of state functions only occur in chemistry and physics and not in real life.
• E)Statements A-D all are correct.

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Definitions:

Time Value Of Money

A financial principle stating the value of money is time-dependent, where a dollar today is worth more than a dollar in the future due to its potential earning capacity.

Discount Rate

The rate of interest that is employed in discounted cash flow calculations to assess the present-day worth of cash flows that are expected to occur in the future.

Overhaul Costs

Expenses incurred for significant repairs or major restoration of equipment, machinery, or buildings which extend their life but do not qualify as capital expenses.

Incremental Cost Approach

An analysis technique that focuses on the additional costs and benefits associated with a particular decision or project.