What Would Be an Example of Consumption Good

question 124

Multiple Choice

What would be an example of consumption good?

• A) Antonio, the manager of the local Taco Hut, purchases a new deep fryer.
• B) The local driver's license office purchases a new digital camera and printer.
• C) Rhianna gets a haircut.
• D) Jake buys an iPhone.
• E) Donald Trump purchases furniture for his office.

---

Definitions:

Human Resource Accounting

A method of measuring the cost and value of people in an organization, aiming to report the financial implications of employing human capital.

Managerial Tool

Instruments, techniques, or methodologies used by managers to improve decision-making, facilitate planning, or enhance productivity.

Salary Administration

The process of overseeing the compensation of employees, including the setting, distributing, and managing of salaries.

Internal Supply

The availability of existing employees within an organization who can be trained or promoted to fill vacancies.