SQA National 5 Business Management Practice Exam

1 / 400

Which of the following represents items with lasting value that are considered a form of savings?

Non-Durable Goods

Durable Goods

The correct answer is durable goods, which are items that have a long lifespan and provide lasting value. Examples of durable goods include appliances, vehicles, and furniture. These items typically retain their usefulness over time, making them a form of savings since they can be seen as investments. Unlike other options, such as non-durable goods, which are consumed quickly (like food and toiletries), or services, which are intangible and do not result in ownership of a lasting product, durable goods provide both utility and a potential resale value. Consumables specifically refer to items that are designed for single use. Thus, durable goods are distinguished by their longevity and value retention, which aligns with the concept of savings.

Get further explanation with Examzify DeepDiveBeta

Services

Consumables

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy