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Technician A says that air tools are the technicians' tool of choice because they are lighter weight than cordless tools. Technician B says that most electric variable speed buffer/polisher is designed to operate at speeds ranging from 1000 to 2500 RPM's, which is the optimum speed for buffing and polishing operations. Who is correct?
Accounting Basis
The method by which accounting transactions are recognized and recorded, such as cash basis or accrual basis accounting.
Financial Break-even
The point at which total revenues equal total expenses, and the company makes no profit or loss.
Discounted Basis
A method of purchasing or selling a financial instrument (e.g., a bond) for a price that is below its nominal or face value, reflecting the present value of its future cash flows.
Cash Basis
An accounting method where revenues and expenses are recorded only when cash is received or paid, respectively.
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