Characterize EACH of the Three Given Statements as Being TRUE

question 67

Multiple Choice

Characterize EACH of the three given statements as being TRUE or FALSE and then indicate the collective true-false status of the statements using the choices: (1) The ions O^2- and S^2- are isoelectronic.
(2) The symbol for an atom of X that has lost two electrons is X^2-.
(3) In all ionic compounds the total charge of the ions present per formula unit must add up to zero.

• A) All three statements are true.
• B) Two of the three statements are true.
• C) Only one of the statements is true.
• D) None of the statements is true.

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Definitions:

Dividends

Dividends are a portion of a company's earnings that are distributed to its shareholders as a reward for their investment.

Impairment Loss

A charge against earnings representing the amount by which the carrying amount of an asset exceeds its recoverable amount.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net tangible and identifiable intangible assets.

Intangible Assets

Non-physical assets that represent a value to a company, such as patents, trademarks, copyrights, and goodwill.