Which of the Following Transactions Represents the Purchase of a Final

question 231

Multiple Choice

Which of the following transactions represents the purchase of a final good?

• A)Starbucks purchases coffee beans.
• B)Delta buys a new European-made jetliner.
• C)Apple computer buys computer processors from Intel.
• D)Your father buys a new John Deere riding lawn mower.

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Definitions:

Service Organizations

Businesses that primarily offer intangible products, such as work or expertise, rather than physical goods.

Government Organizations

Entities established by a government to carry out specific functions or services for the public.

Measuring Productivity

The process of determining the efficiency and effectiveness of production or performance, often quantified as output per unit of input.

Profit-sharing Plans

Compensation strategies that distribute a portion of an organization's profits among its employees, often as a form of incentive or bonus.