When Doing a Standard Service Entrance Calculation, If a Residence

question 34

Multiple Choice

When doing a standard service entrance calculation, if a residence has four fixed appliances, a demand factor of __________% is applied to the total load of these appliances.

• A) 50
• B) 75
• C) 80
• D) 100

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Definitions:

Petty Cash Account

A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.

Compensating Balance

A requirement by some banks requiring depositors to maintain minimum cash balances in their bank accounts.

Petty Cash Fund

A special cash fund to pay relatively small amounts.

Bank Checking Account

A bank account that allows individuals and businesses to deposit money and withdraw funds, which can be accessed using checks, automated teller machines (ATMs), and electronic debits.