The Following Reaction Occurs in Aqueous Acid Solution

question 78

Multiple Choice

The following reaction occurs in aqueous acid solution:
NO₃^- + I^- → IO₃^- + NO₂
What is the oxidation state of iodine in IO₃^-?

• A) +5
• B) 0
• C) -3
• D) -5
• E) +3

---

Definitions:

Amortization Schedule

A table detailing each periodic payment on a loan (often a mortgage), distinguishing how much is interest versus principal reduction.

Goodwill Allocation

The process of assigning the value of goodwill, an intangible asset, to different business units within a company.

Fair-Value

Fair-Value is the estimated market value of an asset or liability, based on current market conditions rather than historical cost.

Acquisition Method

A set of procedures used in accounting to consolidate the financial statements of two companies in the event of a merger or acquisition.