Which of the Following Is an Example of an Investment

question 101

Multiple Choice

Which of the following is an example of an investment, as described in Chapter 12 of your textbook?

• A) A firm builds a new plant.
• B) A student attends college.
• C) The government builds a dam to have a source of hydroelectric power.
• D) all of the above

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Definitions:

Administrative

Pertaining to the activities related to the management and general operations of an organization, often including tasks like planning, organizing, and controlling.

Work in Process

Goods in various stages of completion throughout the plant, not including raw materials or finished products.

Finished Goods Inventory

The direct materials costs, direct labor costs, and factory overhead costs of finished products that have not been sold.

Manufacturing Business

A type of business that uses components, parts, or raw materials to make a finished good or product.