Which of the following is the best explanation of capital-12805
Which of the following is the best explanation of 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 Final Term - Quiz No.9.
Which of the following is the best explanation of capital expenditure?
It is recurring and regular and it occurs repeatedly
Neither an asset is acquired not the value of an asset is increased
It does not occur again and again. It is non-recurring and irregular
Its effect is temporary, i.e. the benefit is received within the accounting year