With Smart Meters, Electric Utility Companies Can

question 259

Multiple Choice

With smart meters, electric utility companies can

• A)give warnings to people regarding their overuse of electricity.
• B)offer electricity at lower prices during periods of low demand.
• C)add a consumption tax on the electric bills of people who overuse electricity.
• D)control the amount of electricity a customer is allowed.

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Definitions:

Job Cost Sheets

Detailed records used in cost accounting to accumulate all costs associated with a specific job or project.

Work In Process

Inventory items that are in the process of being produced but are not yet complete.

Subsidiary Ledger

A detailed ledger containing individual accounts with a common characteristic, linked to a summary account in the general ledger.

Materials Ledger

A detailed record tracking the quantity and cost of materials on hand.