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Consider the Hypothetical Chemical Reaction Represented by the Equation 3 \rightarrow

question 33

Multiple Choice

Consider the hypothetical chemical reaction represented by the equation 3 A + 2 B \rightarrow A3B2 Which of the following is a correct interpretation of this equation?
(i) 3 grams of A react with 2 grams of B to form 1 gram of A3B2
(ii) 3 atoms of A react with 2 atoms of B to form 1 molecule of A3B2
(iii) 3 moles of A react with 2 moles of B to form 1 mole of A3B2

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Definitions:

AASB 9

The Australian Accounting Standards Board standard covering the classification, measurement, and recognition of financial assets and financial liabilities.

Business Model Test

The asset is held within a business model whose objective is to hold assets in order to collect contractual cash flows.

Cash Flows Characteristics Test

The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest.

Financial Asset

An intangible asset deriving value due to a contractual claim, such as cash, stock, bonds, and bank deposits.

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