Which of the Following Statements Is LEAST-Likely True

question 16

Multiple Choice

Which of the following statements is LEAST-Likely true?

• A)Modern head gaskets are called permanent torque or non-retorque.
• B)The greatest torque gain will occur during the first hour a rebuilt engine is operated.
• C)A gasket must be able to maintain a good seal over its lifetime.
• D)Small changes in a gasket's thickness can result in a substantial loss of clamping force.

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Definitions:

GAAP

Generally Accepted Accounting Principles, the standardized set of accounting rules, practices, and procedures used in preparing financial statements in the U.S.

Product Costing

Product costing involves determining all expenses related to the creation of a product, including materials, labor, and overhead, to establish its total cost.

Absorption Costing

In this accounting method, total costs of manufacturing, from direct materials and labor to both fixed and variable overheads, are completely absorbed into the product’s final cost.

Variable Costing

Variable costing is a cost accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculations, excluding fixed overhead costs.