According to the Self-Liquidating Debt Principle Permanent Assets Should Be

question 130

Multiple Choice

According to the self-liquidating debt principle permanent assets should be financed with [blank] liabilities.

• A)permanent
• B)spontaneous
• C)current
• D)fixed

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Definitions:

Fixed Caliper

Disc brake calipers that are mounted directly to the steering knuckle. Each piston receives equal fluid pressure and pushes on a brake pad. This type of caliper is used mainly in high-performance applications.

Sliding Caliper

A type of floating disc brake caliper that is mounted on sliding keyways.

Disc Brakes

A type of brake system where brake pads apply pressure to a disc or rotor attached to the wheel, slowing or stopping the vehicle.

Drum Brakes

A type of brake that uses friction caused by a set of shoes or pads that press outward against a rotating cylinder-shaped part called a drum.