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  2. Actuator - Wikipedia

    en.wikipedia.org/wiki/Actuator

    An actuator is a component of a machine that produces force, torque, or displacement, when an electrical, pneumatic or hydraulic input is supplied to it in a system (called an actuating system). The effect is usually produced in a controlled way. [1] An actuator translates such an input signal into the required form of mechanical energy.

  3. Current asset - Wikipedia

    en.wikipedia.org/wiki/Current_asset

    In accounting, a current asset is an asset that can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year, operating cycle, or financial year. In simple terms, current assets are assets that are held for a short period.

  4. Linear actuator - Wikipedia

    en.wikipedia.org/wiki/Linear_actuator

    These include dc brush, dc brushless, stepper, or in some cases, even induction motors. It all depends on the application requirements and the loads the actuator is designed to move. For example, a linear actuator using an integral horsepower AC induction motor driving a lead screw can be used to operate a large valve in a refinery.

  5. Financial accounting - Wikipedia

    en.wikipedia.org/wiki/Financial_accounting

    As a result, non-current assets/liabilities are listed first followed by current assets/liabilities. [7] Current assets are the most liquid assets of a firm, which are expected to be realized within a 12-month period. Current assets include: cash - physical money; accounts receivable - revenues earned but not yet collected

  6. Asset - Wikipedia

    en.wikipedia.org/wiki/Asset

    This accounting definition of assets includes items that are not owned by an enterprise, for example a leased building (Finance lease), but excludes employees because, while they have the capacity to generate economic benefits, an employer cannot control an employee. In economics, an asset (economics) is any form in which wealth can be held.

  7. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    Current assets: Assets which operate in a financial year or assets that can be used up, or converted within one year or less are called current assets. For example, Cash, bank, accounts receivable , inventory (people who owe us money, due within one year), prepaid expenses, prepaid insurance, VAT input and many more.

  8. Glossary of electrical and electronics engineering - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_electrical_and...

    A circuit where rectifier devices are externally controlled to change AC to current flowing in one direction. actuator An end device of a control system, that manipulates a physical variable such as a valve opening or position of a machine part. adaptive control A control strategy where parameters are adjusted as the controlled process changes.

  9. Accounting identity - Wikipedia

    en.wikipedia.org/wiki/Accounting_identity

    The most basic identity in accounting is that the balance sheet must balance, that is, that assets must equal the sum of liabilities (debts) and equity (the value of the firm to the owner). In its most common formulation it is known as the accounting equation: Assets = Liabilities + Equity. where debt includes non-financial liabilities.