_____ are goods, such as portable tools and office equipment, which are less expensive and shorter-lived than installations
a. Component parts
b. Processed materials
c. Raw materials
d. Accessory equipment
ANSWER: d
Accessory equipment are goods, such as portable tools and office equipment, which are less expensive and shorter-lived than installations. Accessory equipment is often charged as an expense in the year it is bought rather than depreciated over its useful life.
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