All of the Following Statements with Respect to Automatic Transmission

question 33

Multiple Choice

All of the following statements with respect to automatic transmission are true except:

• A) The transmission has the ability to select and shift gears without input from the driver.
• B) The transmission can automatically couple and uncouple from the engine when needed.
• C) The transmission will automatically upshift and downshift in response to engine speed and load.
• D) Automatic transmissions are not widely used because they are an expensive option.

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Definitions:

Rent Expense

The cost incurred by a company or individual for the use of a property or equipment.

Service Revenue

Income generated from providing services to clients or customers.

Salaries And Wages Expense

The total amount spent by a business on employee compensation.

Accounting Equation

The accounting equation is a fundamental principle of financial accounting that states that assets equal liabilities plus equity, providing the foundation for double-entry bookkeeping.