​Why Is It Important to Have a Drawing Be Accurate

question 41

Multiple Choice

​Why is it important to have a drawing be accurate?

• A) ​So that when a dimension is missing you can measure the drawing with a rule to get the missing dimension.
• B) ​So you can see missing parts easier.
• C) ​Engineers that have to approve the project when it is built can measure the part and measure the drawing to see that you built the part correctly.
• D) ​So that parts will fit together properly.

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Definitions:

Ending Inventory

The amount of goods available for sale at the finis of an accounting cycle.

Perpetual LIFO Method

The perpetual LIFO (Last In, First Out) method is an accounting technique for inventory valuation where goods are assumed to be sold in the reverse order they were acquired, continuously adjusting inventory value.

Income Before Taxes

The profit a company generates before accounting for taxes, used to assess the operational efficiency of a business.

Income Taxes

Taxes imposed by the government on the income generated by individuals or entities.