The Type 1432-F is a decade resistance box comprised of three Type 510 decade resistance units in series, for a total resistance of 111 Ω.
The 510 decade units use an 11-position switch, with the first position shorting the decade, and the following positions increasing the resistance by one step.
The switch has a make-before-break configuration, i.e. regardless of the position there is always continuity between the terminals.
The terminals are Type 938 equipped with a shorting link to the case. The decades are housed in an aluminum case shielded and insulated from its resistance terminals.