Question

Identify three instances when stock or equipment will be considered to be at a Temporary Location:

a. During business travel
b. While being repaired off-site
c. Display at a trade show

Answer 1

Stock or equipment can be considered at a temporary location during business travel, while being repaired off-site, and when displayed at a trade show.

Step-by-step explanation:

Temporary locations for stock or equipment can include instances such as:

1. During business travel: When a company representative is traveling for work, they may take stock or equipment with them to fulfill a specific purpose or showcase at an event.
2. While being repaired off-site: If stock or equipment requires repair, it may be temporarily located at a repair facility until the repairs are complete.
3. Display at a trade show: Companies often showcase their stock or equipment at trade shows to attract potential customers and generate interest in their products.