An Ammeter Must Be Placed in Series with the Circuit

question 29

Multiple Choice

An ammeter must be placed in series with the circuit element whose current is to be measured.An ideal ammeter therefore has

• A)zero resistance.
• B)infinite resistance.
• C)resistance equal to the circuit element.
• D)None are correct.

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Definitions:

Rent Expense

The cost incurred for utilizing a property or equipment for business purposes, recognized as an expense in the accounting period it is incurred.

Net Income

The company's net income following the deduction of all costs and taxes from the total income.

Income Summary

An account to which the revenues and expenses are transferred in order to close the books; it reflects the net income or loss at the end of a period.

Owner's Capital Account

An account on a company's balance sheet that represents the owner's investment and retained earnings in the business.