The tool shown below serves primarily to
Drill holes of one size only.
Drill a hole and cut space for the screw head at the same time.
Cut wooden plugs that can be used to cover screw heads.
Bore a hole while containing the sawdust.
The tool pictured is a hole cutter bit, also known as a hole saw. They are non-adjustable, so each one can only drill one size of the hole.
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