A Particular Material Has a Specific Gravity of 1

question 132

Multiple Choice

A particular material has a specific gravity of 1.04 at 20°C. As this material is heated from 20°C to 30°C, its volume increases faster than does the volume of water. Which of the following statements is true of the specific gravity of this material as it is heated to 30°C?

• A) Its specific gravity decreases.
• B) Its specific gravity increases.
• C) Its specific gravity remains the same.
• D) There is insufficient information to answer the question.

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Definitions:

Equity Method

An accounting technique used by companies to record their investments in other companies when they have significant influence but not full control.

Intra-entity Inventory

Intra-entity Inventory pertains to the goods sold between divisions or entities within the same parent company, affecting consolidated financial statements.

Markup

The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Equity Method

An accounting technique used to record investments in associated companies, where the investment is initially recorded at cost and adjusted thereafter for the investor's share of the investee's profits or losses.