Which of the Following Is Not an ASTM Designation for Steel

question 55

Multiple Choice

Which of the following is not an ASTM designation for steel bolts?

• A)A507 bolts
• B)A490 bolts
• C)A325 bolts
• D)A307 bolts

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Definitions:

Indirect Method

A way of calculating cash flows from operating activities in the cash flow statement by adjusting net income for changes in non-cash accounts.

Net Decrease

A reduction in the quantity or value of something, calculated by subtracting the final figure from the initial figure.

Inventories

Quantities of goods that are held by a company for the purpose of resale or production.

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital to arrive at operating cash flow.