Final answer:
Cutting oil is falsely identified as a pulling compound for conductors; it's actually used in metalworking, whereas pulling compounds lubricate cables during installation in raceways.
Step-by-step explanation:
The statement that cutting oil is an example of a pulling compound used to ease the passage of conductors through raceways is false. Cutting oils are primarily used in the machining and metalworking industry to lubricate and cool the cutting process. In contrast, pulling compounds, also known as cable pulling lubricants, are specifically formulated to reduce the friction on cables as they are pulled through conduits or raceways. These products ensure that cables can be installed without being damaged by excessive pulling forces. Electrical industry rules and guidelines dictate the appropriate usage of these materials to ensure safe and efficient installations.