Which of the following items would be classified as committed resources (long-term)?
A)salaried employees
B)depreciation on building
C)lease on machinery
D)both b and c

Question

Quizplus · Accepted Answer

Committed resources are long-term resources that cannot be easily changed, and both depreciation on building and lease on machinery are examples of such resources. Salaried employees, on the other hand, may not necessarily be committed resources as they may have flexible contracts or may be laid off during financial difficulties.

Which of the Following Items Would Be Classified as Committed