Which statement is most accurate regarding a chuck key for a drill press?

The most accurate statement regarding a chuck key for a drill press is that it should be attached to the drill press by a short chain or cable. This practice enhances safety by ensuring that the key is always nearby when needed for adjusting or removing drill bits. If the chuck key is misplaced or left unattended, it can create a risk of injury if someone accidentally starts the drill press while the key is still in the chuck. By securing the chuck key to the drill press, operators are less likely to forget to remove it before operation, thereby minimizing the potential for accidents.

Other storage methods, such as keeping the key in a drawer, could lead to a scenario where the key is not easily accessible when needed, leading to delays or unsafe practices. Furthermore, while it may not necessarily be needed for every specific operation, it is an essential tool for any task that involves changing drill bits, reinforcing the importance of its secure and immediate availability.