Which of the Following Should Be Considered When Using a Collection

question 15

Multiple Choice

Which of the following should be considered when using a collection agency?

• A) Net back
• B) Fee percentage
• C) Fee charged by the collection agency
• D) Both A and B
• E) All of the above

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Definitions:

Limit Switch

A device used to detect the presence or absence, passing, or end position of an object by making or breaking an electrical connection.

Pressure Switch

A device that activates or deactivates an electrical contact based on changes in pressure.

Thermocouple

A sensor used for measuring temperature, made from two different conductors that generate a voltage, proportional to a temperature difference.

Turbine Flow Meter

A turbine flow meter is a device used to measure the flow rate of a fluid within a pipe, utilizing a turbine that rotates with the flow of the fluid.