MTBF Measures the Average

question 119

Multiple Choice

MTBF measures the average:

• A) calendar time between failures.
• B) operating time between failures.
• C) number of failures per unit time.
• D) number of operations between failures.
• E) downtime per breakdown.

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Definitions:

Liabilities

Financial obligations or debts that a company or an individual owes to others.

Asset

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership stake of the business owners.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, leading to its net profit or loss.