Rung No. 2 Contains the Logic That

question 7

Multiple Choice

Rung No. 2 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 heater on and off.

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Definitions:

Collection Time

The typical duration a company waits to collect payments from its clients following a sale.

Lockbox System

A service offered by banks to process payments quickly by having those payments mailed directly to a secure post-office box, from which the bank collects and deposits into the company's account.

Cheque Clearing

The process by which banks settle transactions made by cheques, transferring funds from the issuer's account to the payee's account.

Total Collection Time

The total time taken from issuing an invoice to the receipt of payment from customers.