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Which of the following characteristics usually distinguishes Capital Equipment from other types of goods that buyers might be involved in purchasing? CHOICES: Capital Equipment is

Which of the following characteristics usually distinguishes Capital Equipment from other types of goods that buyers might be involved in purchasing? CHOICES: Capital Equipment is very "liquid" which means the assets are easily convertible into cash The usefulness of Capital Equipment is usually less than one year Capital Equipment purchases tend to be expensive and complex, requiring careful investment in time to develop proper specifications and to find the right supplier Capital Equipment is usually broadly available in the marketplace, and competitive bidding is usually the best way to acquire these kinds of assets

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