WILL YOU PROFIT FROM PRAXIS
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Test Your Technical Knowedge
What causes and Evaporator coil to ice up?
Lack of Refrigerant
Pluged Filter
Low air movement
All of the above
All of the above
What causes an air conditioning unit to trip a breaker?
Lack of refrigerant
Excessive Amperage draw
Plugged TX Valve
Thermostat Batteries require replacement
Excessive Amperage draw
What is the correct slope for high efficient furnace venting?
Venting does not need to be sloped
Venting should be sloped ½” per four Feet of Venting
Venting should be sloped ¼” per foot of piping
Venting should be attached to a chimney so it doesn’t require slope
Venting should be sloped ¼” per foot of piping
An old furnace and natural draft water heater are currently vented into a common chimney, what considerations should be taken when the old furnace is replaced with a high efficiency furnace?
You must install a chimney liner for the water heater that is correctly sized for its BTU rating
Nothing is required
You have to correct the size of the gas line
You should add a vent motor to the natural draft water heater to convert it to a power vented water heater
You must install a chimney liner for the water heater that is correctly sized for its BTU rating
Refrigerant gauges are used to check
System Electrical readings
System operating pressures
Outdoor air Temperatures
Dew Point Pressure
System operating pressures
Question 1/3
Test Your Business Knowedge
A $5,000 replacement sale was made using a no interest financing promotion with a $400 dealer fee, and the cost of the equipment was $2,000. The total net sales revenue is:
$5,000
$4,600
$3,000
$2,600
$4,600
Inventory should not exceed ___________ % of annual net sales.
1.5
2.5
5
Inventory is an asset therefore it doesn’t matter how much inventory you maintain.
1.5
Which of these methods would be acceptable for allocating overhead expenses for a departmentalized financial statement:
Allocate expenses according to each department’s percentage of total revenue.
Estimate the amount of time spent in each department.
Allocate based on square footage of actual use.
All of these methods are acceptable.
None of these methods are acceptable.
All of these methods are acceptable.
The Income Statement Equation is:
Revenue – Expenses = Net Profit
Revenue – expenses = Net Loss
Revenue + owners salaries – expenses = Net Profit
None of the above
A and B are both correct
A and B are both correct
A company’s debt to equity ratio should not exceed ____________
1 to 1
.75 to 1
.50 to 1
None of the above
.50 to 1
Question 1/3
