Which of the following business products would be classified as an installation?
A) Paper clips
B) Office filing cabinets
C) Liquid inkjet printers
D) Underground mining loaders

Question

Quizplus · Accepted Answer

Installations are major capital investments in goods, such as buildings, land rights, and major equipment, which are intended to be used for a long period. Underground mining loaders fall into this category as they are significant, long-term investments in equipment for businesses, especially in the mining industry.

Which of the Following Business Products Would Be Classified as an Installation