Constant Dollars Are Defined As

question 3

Multiple Choice

Constant dollars are defined as:

• A) a general decline in the purchasing power of the monetary unit
• B) dollar measurements that are restated in terms of current purchasing power
• C) generally the cost to replace an asset
• D) the amount originally paid to acquire an asset

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Definitions:

Spalling

Surface fatigue that occurs when chips, scales, or flakes of surface metal separate because of fatigue rather than wear.

Galling

A metal-to-metal wear failure characteristic caused by lack of lubricant or extreme overload.

Slip Yoke

A yoke that accommodates linear movement; the forward yoke in a drive shaft with female splines to which male splines in the main drive shaft tube are inserted to form a slip joint.