The short term goods and services that are used to facilitate the management of finished product are classified as __________?
Correct answer: D. supplies and business servicesSend Money Overseas
- A. component parts and materials
- B. installations
- C. equipment
- D. supplies and business servicesSend Money Overseas
Explanation
Supplies and business services are short-lived operating inputs that help a business manage or produce its finished products. Equipment and installations are longer-term capital items, while component parts become part of the finished product.
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