Pencils, brooms, and gloves are examples of ________, while factories, water towers, and airplanes are examples of ________.
A) capital items; expense items
B) supplies; installations
C) services; capital items
D) expense items; capital items
E) capital items; supplies

Question

Quizplus · Accepted Answer

Pencils, brooms, and gloves are all items that are expenses, while factories, water towers, and airplanes are all capital items. Expense items are used up quickly and are not expected to last long, while capital items are long-lasting and are considered assets to a company.

Pencils, Brooms, and Gloves Are Examples of ________, While Factories