Actual Investment Spending Does Not Include

question 38

Multiple Choice

Actual investment spending does not include

• A)spending on consumer durable goods.
• B)spending on new capital equipment.
• C)spending on new houses.
• D)changes in inventories.

---

Definitions:

Interim Balance Sheet

A financial statement showing the financial position of a company at a certain point in time, often prepared for a period shorter than a fiscal year.

Work in Process

An inventory account that represents goods that are in various stages of production but are not yet completed.

Materials Requisition

A document or electronic form used to request the transfer of materials from inventory for production or other internal use.

Time Tickets

Documents used to record the amount of time an employee spends on various tasks, commonly used for job costing.