Short-lived goods and services that are treated as a business expense as they are used rather than depreciated over several years are called Multiple Choice O capital items. expense items. derived items. durables. nontaxable items. H ‒‒ Next
Short-lived goods and services that are treated as a business expense as they are used rather than depreciated over several years are called Multiple Choice O capital items. expense items. derived items. durables. nontaxable items. H ‒‒ Next
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![Short-lived goods and services that are treated as a business expense as they are used rather than depreciated over several years are called
Multiple Choice
O
capital items.
expense items.
derived items.
durables.
nontaxable items.
H
‒‒
Next](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7dadd5b1-e271-4828-927c-f4ba099e3e8f%2Fa79e87c0-5f98-464d-97bf-02d7db32534d%2F9q3ouw8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Short-lived goods and services that are treated as a business expense as they are used rather than depreciated over several years are called
Multiple Choice
O
capital items.
expense items.
derived items.
durables.
nontaxable items.
H
‒‒
Next
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