A Certain Object Floats in Fluids of Density Which

question 38

Multiple Choice

A certain object floats in fluids of density Which of the following statements is true?

• A)the buoyant force of fluid 1 is greater than the buoyant forces of the other two fluids
• B)the buoyant force of fluid 3 is greater than the buoyant forces of the other two fluids
• C)the three fluids exert the same buoyant force
• D)the object displace the same volume of all three fluids
• E)none of these are true

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Definitions:

Accrual Accounting

An accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.

Operating Cash Flows

Cash generated from a company's regular business operations.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that is used internationally.

Direct Method

An accounting method used in cash flow statements that lists major categories of gross cash receipts and payments, providing a clearer picture of a company's cash flow from operating activities.