Which of the Following Statements About Replacement Parts Is Correct

question 2

Multiple Choice

Which of the following statements about replacement parts is correct? Statement A: Aftermarket parts are those parts that are supplied by the vehicle manufacturer.Statement B:Aftermarket parts are usually made by independent companies and sold through
Parts stores such as NAPA or AutoZone.

• A)Statement A
• B)Statement B
• C)Both A and B
• D)Neither A nor B

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Definitions:

Administrative Expenses

Costs associated with the general administration of a business, such as salaries of executive officers, legal and professional fees.

Flexible Budget

A budget designed to change in response to variations in volume or activity levels.

Food

A substance consumed by living organisms to provide nutritional support, primarily obtained through plants, animals, or fermentation.

Supplies

Items used in the operation of a business or manufacturing process, which are not directly associated with the products being made.