Capital goods such aslarge or expensive machines, mainframe computers, blast furnaces,generators, airplanes, and buildingsare referred to as _____
a. supplies
b. installations
c. accessory equipment
d. component parts
ANSWER: b
Major equipment, also commonly known as installations, include large machines, mainframe computers, and buildings. Such items are depreciated over time rather than charged as an expense in the year it is purchased.
You might also like to view...
Decay effects occur when a company's advertisements have become old or boring
Indicate whether the statement is true or false
Customer service is the ability of knowledgeable and capable employees to deliver products to their external and internal customers.
Answer the following statement true (T) or false (F)
By focusing on organizational behavior, businesses can potentially increase job satisfaction and decrease employee absenteeism and turnover.
Answer the following statement true (T) or false (F)
As part of the preparation for the presentation, Tyler should most likely:
A) research the trucking company's operations and needs B) memorize the standardized presentation script C) install web conferencing software on the buyer's computer D) come up with a persuasive argument for the buyer E) include as many audio visual aids as possible in the presentation