Engineering Thermodynamics
An open system is one in which

Mass does not cross boundaries of the system, though energy may do so
Neither mass nor energy crosses the boundaries of the system
Both energy and mass cross the boundaries of the system
Mass crosses the boundary but not the energy

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Engineering Thermodynamics
In order that a cycle be reversible, following must be satisfied

All of these
Free expansion or friction resisted expansion/compression process should not be encountered
When beat is being rejected, temperature of cold source and working substance should be same
When heat is being absorbed, temperature of hot source and working substance should be same

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