How Should Amalgam Scrap Be Handled

question 12

Multiple Choice

How should amalgam scrap be handled?

• A) Flushed down the drain with ample water
• B) Stored in a sealed container in the refrigerator
• C) Disposed of in the trash with other daily refuse
• D) Stored in a sealed container containing x-ray developer
• E) Stored in a sealed container containing x-ray fixer or another reducing agent

---

Definitions:

Reporting Entity

An entity for which there are users who rely on the entity's financial reports for making economic decisions.

Accounting Estimate

Approximations or judgments made by management in preparing financial statements, necessary when a precise value cannot be readily determined.

Retrospective Application Method

A method of applying new accounting policies to transactions, other events, and conditions as if the new policies had always been in place.

Financial Statements

Reports summarizing the financial performance and position of a company, including the income statement, balance sheet, and cash flow statement.