Which of the Following Business Products Would Be Considered an Accessory

question 112

Multiple Choice

Which of the following business products would be considered an accessory in a supermarket?

• A)plastic bags
• B)Styrofoam trays for meat
• C)price stickers
• D)cash register and scanning equipment
• E)fluorescent lights

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Definitions:

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.

CCA Class

CCA Class refers to the Canadian Capital Cost Allowance system where assets are categorized for the purpose of depreciation calculation for tax purposes.

Lower-priced Shoes

Footwear options that are sold at a lower price compared to other similar products in the market, aimed at different consumer segments.

Higher-priced Shoes

Footwear that is sold at a premium due to factors like brand, quality, or design superiority.