Figure 41-1 -In the Accompanying Figure, Why Must the Pressure Switch Be

question 8

Essay

Figure 41-1

-In the accompanying figure, why must the pressure switch be connected as normally closed?

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Definitions:

Journal Entries

The method by which financial transactions are recorded in the accounting records of a business, detailing the accounts affected and the amounts.

Maturity Date

The date on which a financial obligation must be repaid or a bond or other instrument reaches its expiration and the principal is due back to the investors.

Note Receivable

A claim or debt that one party owes to another under the terms of a promissory note, indicating money to be received.

Perpetual Inventory System

An inventory management system where records of inventory quantities are updated on a continuous basis as transactions occur.