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Printer cartridges and paper bought by an office are classed as what?
AInstallations, which set the scope of the company
BAccessories, which are standardized capital goods
CComponent parts, built into the finished product
DExpense items, which last for less than one year
Answer & Solution
Correct answer: D. Expense items, which last for less than one year
1. Expense items are smaller and less expensive than capital products.
2. They usually have a life span of less than a year.
3. Printer cartridges and paper are the named examples.
4. Installations and accessories are capital products, and component parts go into the end product.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 11 "Creating Products and Pricing Strategies to Meet Customers' Needs", section 11.6 What Is a Product?_
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