Final Piston Machining Is Done After Trimming Away the Flashing

question 27

Multiple Choice

Final piston machining is done after trimming away the flashing or excess metal squeezed out between the halves of the mold called:

• A)casting lines"
• B)parting lines"
• C)forge lines
• D)control lines"

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Definitions:

Income Statement Approach

An analytic method focusing on revenues and expenses to determine the net income of a business within a specific period.

Net Credit Sales

The total revenue from sales made on credit, minus any returns or allowances.

Allowance for Doubtful Accounts

A contra-asset account that represents the estimated portion of accounts receivable that may not be collectible.

Uncollectible

denotes accounts receivable that cannot be collected and are therefore written off as a loss by a business.