Multiple Choice
Capital assets are long-term assets that:
A) are bought and sold in the regular course of business.
B) have an expected use of less than one year.
C) have an ongoing effect on the organization's operations.
D) are generally expensed.
E) are acquired for fairly small sums of money.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Buying capital equipment differs from other types
Q10: When a specification is widely known, commonly
Q12: An advantage of buying by performance or
Q13: Supply chain risks include:<br>A) interruptions to the
Q14: Early supply involvement can be accomplished by:<br>A)
Q14: For nonrepetitive requirements,a system or process of
Q16: Standardization:<br>A) means agreement on definite sizes, design,
Q17: The purpose of identifying the function of
Q19: Description by brand:<br>A) may be a preference
Q20: MRO stands for Maintenance, Resale, and Operating