When Making Business Buying Decisions, It Is Important to Remember

question 261

Multiple Choice

When making business buying decisions, it is important to remember that:

• A) capital item purchases can't be fully charged off to the current year's expenses.
• B) expense items are depreciated over several years.
• C) large purchases must be expensed in one year.
• D) capital items are expensed in one year-making them less risky to buy.
• E) expense items are very risky since they cannot be depreciated.

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Definitions:

Labors' Rights

The legal and moral entitlements associated with employment, including the right to fair wages, safe working conditions, and freedom from discrimination.

Global Economy

An interconnected world economic system in which goods, services, and labor move across international borders with relative ease.

European Works Council

A body representing employees in European Union countries, established to ensure workers in multinational companies receive information and are consulted on transnational issues affecting their employment.

Financialization

A term used to describe the increasing dominance of financial markets, financial motives, financial institutions, and financial elites in the economy, thereby influencing social and economic conditions.