Which one of the following is NOT true about Capital-13623
Which one of the following is NOT true about Capital Expenditure?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.3.
Which one of the following is NOT true about Capital Expenditure?
Creates future benefits
Incurred to acquire fixed assets
Incurred to increase the economic life of existing fixed assets
Reduce the profit of the concern