Select the Abbreviation for Taper Pipe Treads

question 64

Multiple Choice

Select the abbreviation for taper pipe treads.

• A) TPT
• B) NPTF
• C) NPT
• D) none of the above

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Definitions:

Accounting Equation

Formula that states that assets must always equal the sum of liabilities and owners’ equity.

FASB

The Financial Accounting Standards Board, an independent organization responsible for establishing accounting and financial reporting standards in the United States.

Accounting Standards

Formal conventions, rules, and guidelines that govern how financial statements are prepared and presented to ensure uniformity and comparability.