Fact Pattern 20-1 (Questions 14-16 Apply)

question 26

Multiple Choice

Fact Pattern 20-1 (Questions 14-16 apply)
Excel Vehicles, Inc., makes and sells automobiles to auto dealers, including Fine Auto Sales. Fine sells the cars to consumers and businesses.
-Refer to Fact Pattern 20-1.Holly,a professional driver,buys an Excel from Fine to drive in a Grand Prix race.Holly's Excel is

• A) a consumer good.
• B) an accession.
• C) equipment.
• D) inventory.

---

Definitions:

Digital Delivery

The process of sending goods or services over the internet, such as software downloads, music files, and ebooks.

Computer Software

Programs and operating information used by a computer to perform specific tasks, ranging from system software to application software.

Internet-Enabled Software

Software applications that can connect to the internet to enhance their functionality, allowing for features like automatic updates, remote access, and cloud-based services.

Real-Time

Information, processing, or events that occur or are made available without perceptible delay.