Technician a Says Gaskets Made of Paper, Fiber, and Cork

question 30

Multiple Choice

Technician A says gaskets made of paper, fiber, and cork are called soft-cut gaskets. Technician B sometimes reuses old gaskets. Who is correct?

• A)A only
• B)B only
• C)both A and B
• D)neither A nor B

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Definitions:

Sales Price

The amount of money charged for a product or service, or the sum received upon the sale of a product or service.

Paid-In Capital

Funds received from investors in exchange for shares of the company's stock, representing equity financing as opposed to debt.

Excess

The amount by which something, such as inventory or revenue, exceeds what is normal, necessary, or specified, often indicating surplus or overproduction.

Cumulative Preferred Stock

Type of preferred stock where missed dividend payments accumulate and must be paid out before dividends can be distributed to common stockholders.