Which of the Following Is Considered a Durable Good

question 91

Multiple Choice

Which of the following is considered a durable good?

• A)silverware
• B)caviar
• C)marketing research
• D)chewing gum
• E)voting

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Definitions:

Insurance Expense

Costs incurred by a business or individual for insurance coverage, including health, property, and liability insurance.

Accrued Wages

Wages that have been earned by employees but have not yet been paid by the company.

Wages Payable

A liability account reflecting the amount of salary or wages owed to employees for work performed but not yet paid.

Unearned Fees

Income received by a business for services that have not yet been performed or delivered.