All of the Following Statements Are True EXCEPT

question 25

Multiple Choice

All of the following statements are true EXCEPT:

• A) a V-belt has more surface area in contact with the pulley groove than a flat belt of the same width would have.
• B) high cordline belts are stronger but require more material to manufacture.
• C) some engines used dual V-belts to drive accessories. These must be replaced in pairs.
• D) the V-belt was invented in 1970.

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Definitions:

Inventory

Inventory encompasses the goods and materials that a business holds for the ultimate goal of resale or processing.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials, labor, and overhead expenses.

Days Receivable Outstanding

Days Receivable Outstanding (DRO) is a financial metric that calculates the average number of days it takes a company to collect payment after a sale has been made.

Accounts Receivable

Funds that customers owe a company for products or services that have been provided but remain unpaid.