Clean burning, high octane motor fuel, produced from renewable resources
What is Ethanol
A promise or set of promises for which the law provides a remedy for breach or which the law recognizes a duty for performance
What is a Contract
The 13 horizontal stripes represented on the American Flag
What are the 13 original British Colonies
Capitalized Cost + O & M Costs - Salvage Value =
What is Lifecycle Costs (or TCO)
A term for conditions that place unusually high strain on a vehicle, requiring more frequent maintenance
What is Severe Service (or severe duty)
A vehicle which has two or more major sources of propulsion power
What is a Hybrid
A contract clause which protects the performer from breach for failure to perform by causes beyond their control
What is Force Majeure
The system created for a national draft to raise an army for World War I
What is Selective Service
One that possesses, owns, or holds the exclusive right to something
What is Proprietary
Based on the gross vehicle weight rating of the vehicle or equipment and is divided into weight classes commonly used in the fleet industry
What is the Class Code (or vehicle class)
Fuel which dissipates into the atmosphere in the event of an accident
What is CNG
An employer's ability to dismiss an employee for any reason
What is At Will
Authorized by JFK, the failed invasion attempt of Cuba in 1961
What is the Bay of Pigs
A contract that allows a company to use an asset for a specific period without acquiring ownership
What is an Operating Lease
The amount of time a qualified worker should take to complete a specific task under normal conditions
What is Standard Labor Time
A valuable byproduct from the chemical process of creating biodiesel, sold to be used in soaps and other products
What is Glycerin
Principles, rules and guidelines formulated or adopted by an organization
What is a Policy
U.S.-led coalition conflict which began on January 16, 1991, and ended with an Iraqi defeat and retreat from Kuwait on February 28, 1991.
What is the Gulf War (1991)
Accounting type, where the asset is not included in a company's statement of financial position, but recorded as an operating expense
What is Off Balance Sheet
The maintenance and repair requirements of a vehicle class relative to a base vehicle class, typically a passenger car
What is MRU (Maintenance Repair Unit)
The service which provides the daily price of fuel by city or terminal location
What is OPIS (Oil Pricing Information Service)
An agreement between two or more companies to work together to achieve mutually beneficial goals
What is a Strategic Partnership
The US operation conducted on May 2, 2011, in which SEAL Team Six shot and killed Osama bin Laden in Abbottabad, Pakistan
What is Operation Neptune Spear
The process of selling or repurposing used or retired assets, to recoup value and minimize waste
What is Remarketing
A fund used to account for revenues received for goods or services provided to users on a continuing basis and primarily financed through user charges
What is an Enterprise Fund