Which of the Following Statements Is/are Incorrect

question 15

Multiple Choice

Which of the following statements is/are incorrect?
i.Nylon is an example of a step-growth polymer
ii.The most effective way of making a polymer with mechanical strength is to use a dialcohol that gives linear chains
iii.A cross-linked polyester will have high mechanical strength

• A)i only
• B)ii only
• C)iii only
• D)i and ii
• E)i and iii

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Definitions:

Deferred Tax Assets

Future tax benefits arising from temporary differences between the tax and accounting recognition of revenue and expenses.

Classifying

The process of organizing data, objects, or concepts into categories based on shared qualities or characteristics.

Noncurrent Deferred Tax Liability

A tax obligation payable in future periods as a result of temporary differences between the tax base of an asset or liability and its carrying amount on the balance sheet.

Accelerated Depreciation

A method of depreciation that allows a larger portion of an asset’s cost to be written off in the early years of useful life, decreasing taxable income.