Outside Micrometers Are Being Discussed

question 40

Multiple Choice

Outside micrometers are being discussed. Technician A says that on English system micrometers, sleeve markings are in .025 inch increments. Technician B says that on metric system micrometers, sleeve markings are in .005 millimeter increments. Who is correct?

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

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Definitions:

Operating Activities

Activities related to the day-to-day functions of a business involved in producing and selling its products or services, which are reflected in its cash flow.

Patent Amortization

The gradual expensing of the cost of a patent over its useful life, reflecting the consumption of the patent's value.

Depreciation Expense

The allocated portion of the cost of a fixed asset expensed each year over its useful life, representing wear and tear or obsolescence.

Gain

The increase in the value of an asset or the positive difference between the selling price of an asset and its cost.