Light bulbs, pencils, pads of paper, and lubricating oils for machines are examples of ________ purchased by companies that make other goods.
A) capital items
B) fixed expense goods
C) expense items
D) depreciation goods
E) impulse items

Question

Quizplus · Accepted Answer

These items are considered expense items because they are consumed during the production process and do not become a permanent part of the final product. Capital items are long-term investments in machinery or equipment, while fixed expense goods and depreciation goods refer to specific types of expenses and accounting concepts. Impulse items are products that are purchased on a whim by consumers, not by companies.

Light Bulbs, Pencils, Pads of Paper, and Lubricating Oils for Machines