Removing an Engine Is Being Discussed

question 16

Multiple Choice

Removing an engine is being discussed. Technician A says that it is not necessary to remove the air conditioning compressor or refrigerant from some cars. Technician B says that it is not necessary to disconnect or remove the battery. Who is correct?

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

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Definitions:

Amortization

The process of gradually writing off the initial cost of an intangible asset over its useful life.

Amortization Expense

The method of incrementally expensing the original value of an intangible asset throughout its period of utility.

Straight-Line Amortization

A method of gradually writing off the nominal value of an intangible asset over its useful life in equal installments.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses, possibly resulting in a new entity.