A(n) ______ Can Act as an Electronic Switch That Opens

question 34

Multiple Choice

A(n) ______ can act as an electronic switch that opens or closes the circuits for electrical charges.

• A) conductor
• B) operator
• C) transistor
• D) processor

---

Definitions:

Times Interest Earned Ratio

A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes (EBIT) to its interest expenses.

Callable Bonds

A type of financial instrument that allows the issuer to buy them back prior to the expiration date, for a pre-determined price.

Bond Indenture

A legal contract specifying the terms and conditions under which a bond is issued, including interest payments and repayment at maturity.

Fiscal Year

A twelve-month period used for accounting and financial reporting purposes, which may or may not align with the calendar year.