Are consumable inexpensive and often standardized

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83. _____ are consumable, inexpensive, and often standardized items that do not become part of the final product. a. Processed materials b. Supplies c. Provisions
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d. Accessory equipment e. Replacement parts ANS: B This is the definition of supplies. PTS: 1 REF: 110 OBJ: 07-7 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model Product 84. Another name for business supplies like pens, paper, and file folders is: PTS: 1 REF: 110 OBJ: 07-7 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model Product 85. At an accounting firm, the secretary orders printer cartridges, cases of paper, paper clips, and other small items. These items would be classified as: PTS: 1 REF: 110 OBJ: 07-7 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model Product 86. Business services: PTS: 1 REF: 110 OBJ: 07-7 TYPE: Def TOP: AACSB Reflective Thinking | TB&E Model Product 87. A small retailer hired an accountant to run its payroll and pay its taxes. The accountant provided the retailer with: a. OEMs b. processed services
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c. business services d. accessory services e. service supplies ANS: C Business services functions performed by outside providers. PTS: 1 REF: 110 OBJ: 07-7 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model Product 88. The Barter Company (TBC) located in Kennesaw, Georgia acts as a broker between companies that want to trade products or services. Companies must be a TBC member, and there is a one-time fee to join. The Barter Company charges a brokerage fee on each transaction facilitated. The Barter Com- pany is an example of a (n): PTS: 1 REF: 110 OBJ: 07-7 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model Product
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