Question

22. The long-lasting goods that support managing or developing the product are known as
(A) Capital items
(B) Supplies and business services
(C) Manufactured materials and parts
(D) None of the above​

Answer 1

The long-lasting goods that support managing or developing the product are known as capital items.

Option (a) is correct.

Explanation:

• Capital items are very crucial in business firms and organizations.
• The capital items are the asset of a business and these are houses, buildings and plants, and other equipment.
• These are physical assets and are used by a company in the manufacturing of products and services that will be used by the company at a later time period.