Which of the Following Items Would NOT Be a Part

question 129

Multiple Choice

Which of the following items would NOT be a part of private investment in the computation of GDP?

• A) A new factory building
• B) New factory equipment
• C) A rise in inventory levels at a firm
• D) An old shopping center acquired by a firm

---

Definitions:

Adjusting Entry

An adjusting entry is made in the accounting records at the end of a period to allocate income and expenditures to the appropriate period.

Insurance Expense

The cost incurred by a business or individual for purchasing insurance coverage.

Office Supplies Expense

The cost associated with purchasing supplies used in the daily operations of an office.

Office Supplies

Materials and items used daily in offices for administrative tasks and functions, not part of inventory sold.