Which of the Following Is NOT an Advantage of an Electronic

question 3

Multiple Choice

Which of the following is NOT an advantage of an electronic spark control system?

• A)It compensates for changes in engine (and sometimes outside air)temperature
• B)It allows lower compression ratio engines to be as efficient as higher compression ratio engines
• C)It makes changes many times faster than older (mechanical)systems
• D)It has a feedback mechanism which allows it to constantly compensate for changing conditions

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Definitions:

Ordinary Income

Income earned from providing services, including wages, salaries, commissions, and income from businesses in which there is material participation.

Depreciation

A tax deduction reflecting the decrease in value of an asset over time due to wear and tear.

Section 1245

A tax code provision defining the treatment of gains from the sale of depreciable personal property, requiring that such gains be treated as ordinary income to the extent of depreciation taken.

Section 1231 Gain

The profit from the sale or exchange of real or depreciable property used in a business and held longer than one year.