Two Technicians Are Discussing OnStar

question 16

Multiple Choice

Two technicians are discussing OnStar. Technician A says that OnStar is standard on many newer GM vehicles. Technician B says that OnStar can monitor air bag deployment and notify emergency authorities. Who is correct?

• A) A only
• B) B only
• C) Both A and B
• D) Neither A nor B

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Definitions:

Discount Period

The timeframe within which a payment can be made at a discounted rate, often used in sales transactions to encourage early payment.

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold, excluding other expenses and overhead.

Merchandise Sold

Goods that have been sold by a company, generating revenue; part of the sales process in a retail or wholesale environment.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including the cost of raw materials and labor.