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According to Section 310

question 33

Multiple Choice

According to Section 310.15(B) (7) (1) , for one-family dwelling service entrance ratings of 100 through 400 amperes the service conductors can have a rating of _____ percent of the service rating.


Definitions:

Accrual

Accrual is an accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.

Liability

A liability is a company's financial debt or obligation that arises during the course of business operations, listed on the right-hand side of the balance sheet.

Asset

Resources with economic value owned by an individual, corporation, or country, expected to provide future benefits.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the amount of income subject to income tax.

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