Which of the Following Is a Working End of an Instrument

question 17

Multiple Choice

Which of the following is a working end of an instrument?

• A)They are both used with a push motion.
• B)They are both three-number instruments.
• C)They can both only be found as a single-ended instrument.
• D)Their cutting blades are almost perpendicular to the instrument handle.

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Definitions:

Amortize

This refers to the process of gradually writing off the initial cost of an asset over a period.

Discount

A reduction applied to the regular price of goods or services, or the amount by which the market value of a bond falls below its par value.

Premium

The amount by which the price of something exceeds its principal or nominal value, often applied to bonds, insurance policies, and preferred stock.

Forward Contract

A personalized agreement between two entities to purchase or sell a specific asset at a predetermined price on a later date.