Rung No.4 Contains the Logic That

question 46

Multiple Choice

Rung No.4 contains the logic that:

• A)detects when the temperature drops below the low set point.
• B)allows the thermocouple temperature to be monitored by the LED display board.
• C)detects when the temperature rises above the high set point.
• D)switches the heaters on and off.

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Definitions:

AASB 3

An accounting standard provided by the Australian Accounting Standards Board relating to Business Combinations, guiding the accounting treatment for all phases of the acquisition process.

IFRS 3

An International Financial Reporting Standard that deals with business combinations, requiring acquired assets and liabilities to be measured at their fair values at acquisition date.

Acquisition Method

An accounting technique used to consolidate the financial statements of two companies when one company acquires control of another.

Net Present Value

A method used in capital budgeting to assess the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.