The Entire Construction of the Floor Frame at the Top

question 14

Multiple Choice

The entire construction of the floor frame at the top of the foundation is called sill construction or the ____.

• A) framing
• B) frame joist
• C) box sill
• D) floor joist

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Definitions:

Partner Capital

The amount of money and resources contributed by partners in a partnership that is allocated to their individual capital accounts.

Capital Accounts

Ledger accounts that show the investment amounts of owners or shareholders in a company.

Loss On Realization

occurs when the proceeds from selling an asset or settling a liability are less than the carrying amount on the books.

Noncash Assets

Assets that cannot be easily converted into cash, such as real estate, equipment, and investments.