Which of the Following Is Not an Example of Intermediate

question 142

Multiple Choice

Which of the following is not an example of intermediate goods or services?

• A)Steel used in the manufacture of cars
• B)Pizzas bought at a restaurant
• C)Legal services hired by a public accounting firm
• D)Glass used to manufacture sunglasses
• E)Vegetables used by a restaurant

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Definitions:

Consolidated Statement

A financial document that presents the combined financial position and results of operations for a parent company and its subsidiaries, treating them as a single economic entity.