In the Context of Business Products,which of the Following Is

question 115

Multiple Choice

In the context of business products,which of the following is a difference between major equipment and accessory equipment?

• A) Major equipment is often standardized,whereas accessory equipment is often custom designed for each customer.
• B) Major equipment is depreciated over time,whereas accessory equipment is charged as an expense in the year it is purchased.
• C) Major equipment has a short life,whereas accessory equipment has a long life.
• D) Major equipment is marketed more through advertising,whereas accessory equipment is marketed via personal selling.

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Definitions:

Federal Law

Laws passed by the national government of the United States that apply throughout the country.

Federal Minimum Wage

The federal minimum wage is the lowest hourly wage that an employer can legally pay an employee, as mandated by federal law.

Federal Law

Laws enacted by the national government of a country that are applicable throughout its entire territory.

State Law

Laws that are established and enforced by individual states within a country, differing from federal or national laws.