A(n) ____ Is a Condition Where the Current Flowing in a Circuit

question 20

Multiple Choice

A(n) ____ is a condition where the current flowing in a circuit is more than the current or equipment is designed to handle.

• A) ground fault
• B) short circuit
• C) overload
• D) open

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Definitions:

Unearned Revenue

Money received by an entity for goods or services to be provided in the future, recognized as a liability until the service is performed.

Net Income

The amount of money a company makes once it has paid off all expenses and taxes from its revenue.

Ending Inventory

At the close of an accounting cycle, the valuation of products set for sale, computed by taking the initial inventory, adding the acquisitions, and deducting the cost of goods sold.