ASE-Style Multiple Choice Which of the Following Statements Is LEAST-Likely

question 20

Multiple Choice

ASE-Style Multiple Choice Which of the following statements is LEAST-Likely true?

• A)Laser measuring systems are extremely accurate when properly installed and used.
• B)The word laser stands for " l ight a mplification by s timulated e mission of r adiation."
• C)A laser is good for measuring because it shoots out a perfectly straight beam of light.
• D)A sonic measuring system is a tool designed to save time checking symmetry when measuring damage or straightening a vehicle body

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Definitions:

Delivery Date

The specific date on which a financial transaction, especially pertaining to futures or options contracts, is scheduled to be settled or executed.

Futures Contracts

Standardized agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Actual Delivery

The physical exchange of an asset between seller and buyer or the completion of a transaction, as opposed to a contract being settled by other means.

Interest Rate Futures

Financial derivatives contracts that speculate on the future level of interest rates, allowing investors to hedge or speculate on changes in interest rates.