Choose the INCORRECT Name Formula Combination

question 51

Multiple Choice

Choose the INCORRECT name formula combination.

• A) CaH₂ calcium hydroxide
• B) SiO₂ silicon dioxide
• C) HClO hypochlorous acid
• D) Cu₃(PO₄)₂ copper(II) phosphate
• E) AlCl₃ aluminum chloride

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Definitions:

Rising Prices

A scenario in which the overall price level of goods and services within an economy rises over a certain period.

Ending Inventory

Ending Inventory refers to the total value of goods available for sale at the end of an accounting period, calculated as the sum of beginning inventory plus purchases minus cost of goods sold.

LIFO Method

"Last In, First Out" an inventory costing method that assumes the most recently purchased items are sold first, affecting the cost of goods sold and ending inventory valuations.

Increasing Prices

A situation where the cost of goods or services rises over a period of time, often due to factors like inflation or increased demand.