A company that installs and maintains signs along the highways has a truck that has a 50-metre crane on it that is capable of lifting up to 15 tonnes.The company's accountant depreciated the value of the vehicle over several years.What type of business product is the truck with crane?

Question

Quizplus · Accepted Answer

The truck with a 50-metre crane is a major equipment as it is a large and expensive piece of machinery that is essential to the company's operations. It is not a fabricating item or component part, and while it may be considered an accessory equipment, its size and capacity make it more appropriately classified as a major equipment.

A Company That Installs and Maintains Signs Along the Highways