ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Identify the INCORRECT statement.

    A Capital expenditure benefits more than one accounting year Correct Answer Incorrect Answer
    B Capital expenditure is incurred to maintain the earning capacity Correct Answer Incorrect Answer
    C Capital expenditure is incurred to acquire fixed assets for operation Correct Answer Incorrect Answer
    D Capital expenditure is non-recurring by nature Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
    More Welfare Economics Questions
    ask-question