What Points Should You Bear in Mind When Using a Scan

question 8

Essay

What points should you bear in mind when using a scan tool to diagnose driveability problems while watching fuel trim?

Understand the intention behind the creation of the presidency and its powers as outlined in the U.S. Constitution.

Identify and describe the expressed powers of Congress as per the U.S. Constitution.

Analyze the design and purpose of the Senate as a check against excessive democracy.

Explain the concept of federalism and the distribution of powers between the central government and state governments.

---

Definitions:

Highest and Best Use

Highest and best use is a real estate principle that values a property based on its most profitable legal use.

Fair Value

The revenue generated from liquidating an asset or the cost involved in handing off a liability within a coordinated transaction among market members at the time of gauging its value.

Conservatism

An accounting principle that advises caution, recommending that potential expenses and liabilities are recorded when probable, but revenues only when they are certain.

Accounting Choices

The various decisions that management makes regarding the principals, methods, and practices followed in an accounting system.