Which of the Following Is True

question 85

Multiple Choice

Which of the following is true?

• A) An endothermic reaction is one which gives off heat.
• B) If a chemical reaction is exothermic, the reverse reaction is endothermic.
• C) Both a and b are true.
• D) Both a and b are false.

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Definitions:

Current Liabilities

Current liabilities are a company's debts or obligations that are due to be paid to creditors within one year.

Long-term Debt

Debt obligations that are due for repayment in more than one year, often used by businesses to finance operations or acquisitions.

Financial Ratios

Relationships determined from a firm’s financial information and used for comparison purposes.

Prior Time Periods

Refers to specific durations or intervals in the past used for analysis or comparison.