Graphite Is a Mineral but Sugar Is Not

question 57

Multiple Choice

Graphite is a mineral but sugar is not. Why is this so?

• A) Sugar is naturally occurring, but graphite is manufactured.
• B) Graphite has an orderly arrangement of atoms, but sugar does not.
• C) Graphite is inorganic but sugar is organic.
• D) Sugar is not an important material for manufacturing.

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Definitions:

Consolidated Balance Sheet

A financial statement showing the combined assets, liabilities, and equity of a parent company and its subsidiaries.

Non-controlling Interest

A shareholder's equity in a subsidiary that is not attributable to the parent company, representing minority ownership.

Consolidated Net Income

The total earnings of a corporation, after tax, including earnings from subsidiaries, before distributing dividends.

Cost Method

An accounting approach where investments are recorded at their acquisition cost, without adjustment for increases or decreases in market value.