Why bus purchased by a school is considered as final goods?
Dear Student,
Bus purchased by a school is considered as final goods because school is the final user of the bus and no value is to be added to the bus. This will be deemed as investment expenditure because bus is used by the school for several years and is of high value.
Regards,
Bus purchased by a school is considered as final goods because school is the final user of the bus and no value is to be added to the bus. This will be deemed as investment expenditure because bus is used by the school for several years and is of high value.
Regards,