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Compared to Portable Cylinders, a Centrally Located, Piped-In Bulk O2

question 22

Multiple Choice

Compared to portable cylinders, a centrally located, piped-in bulk O2 system has which of the following advantages?
I.no need for a backup or reserve system
II.more convenient and less hazardous than cylinders
III.oxygen already reduced to its working pressure
IV.less risk of the O2 supply being depleted


Definitions:

Revenue Accounts

Accounts that track the income generated from a company's primary operations and activities.

Expense Accounts

Financial accounts used to track money spent or costs incurred by a business in its operational activities.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the books for the next period.

Income Summary

An account used in the closing process during the accounting cycle that summarizes revenues and expenses before transferring the net income or loss to retained earnings.

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