Technician a Says the Only Positive Way to Identify the Model

question 73

Multiple Choice

Technician A says the only positive way to identify the model of a transmission is by the shape of the oil pan. Technician B says the only positive way to identify the transmission model is by the ID number stamp or sticker on the transmission case. Who is correct?

• A)A only
• B)B only
• C)both A and B
• D)neither A nor B

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Definitions:

Periodic Method

An accounting system where inventory values and cost of goods sold are determined at the end of an accounting period.

Cost of Goods Sold

Costs directly linked to the manufacturing of products sold by a business, encompassing the expenses of materials and labor specifically employed in the product's production.

Gross Profit

The difference between sales revenue and the cost of goods sold before deducting overheads, payroll, taxation, and interest payments.

Periodic Inventory System

An inventory accounting system where stock levels are updated at regular intervals, not continuously.