Characterize EACH of the Three Given Statements as Being TRUE

question 70

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) Both 3-ethyl-2-methylnonane and 3-propyl-2-methylnonane are correct IUPAC names for alkanes.
(2) CFCs are halogenated hydrocarbons in which both Cl and F are present.
(3) The simplest family of unsaturated hydrocarbons is the alkanes.

• 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:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time.

Used Equipment

Pre-owned machinery or technology that may be purchased for business operations at a lower cost compared to new items.

Average Tax Rate

The percentage of total income that is paid in taxes, calculated by dividing the total tax paid by the taxpayer's total income.

Interest Income

Earnings received from deposit accounts or investments through the payment of interest.