The National Electrical Code Is Published by the __________

question 30

Multiple Choice

The National Electrical Code is published by the __________.

• A) National Electrical Manufacturers Association
• B) National Fire Protection Association
• C) Occupational Safety and Health Administration
• D) Underwriters Laboratories

---

Definitions:

Double Diminishing-Balance

An accelerated method of depreciation that doubles the depreciation rate of the diminishing balance method, expensing a larger portion of the asset's cost near the beginning of its life.

Residual Value

The anticipated value of an asset at the conclusion of its lifespan.

Double Diminishing-Balance

An accelerated method of depreciation that calculates expense by doubling the straight-line depreciation rate applied to the declining book value of an asset.

Depreciation Expense

The allocated reduction in the value of a tangible asset over its useful life, recognized as an expense on the income statement.