Explain What Resistance Factor Is in Structural Design

question 57

Essay

Explain what resistance factor is in structural design.

---

Definitions:

Variance

The difference between planned or expected results and actual results in financial and operational metrics.

Budgeting

The process of creating a plan to spend your money, creating an estimate of revenues and expenses over a specified period.

Revenue and Spending Variances

The difference between projected and actual figures for income and expenditures, used to manage and adjust financial planning.

Equipment Depreciation

The process of allocating the cost of tangible assets over their useful lives, representing wear and tear on equipment.