Capital expenditure is an expenditure which?

A. Benefits the current accounting period
B. Will benefit the next accounting period
C. Results in the acquisition of a permanent asset
D. Results in the acquisition of a current asset

Right Answer: Results in the acquisition of a permanent asset

February 22, 2018   Asghar Khan    Accounting  
Total 0 Votes:
0

Tell us how can we improve this Mcqs?

+ = Verify Human or Spambot ?

Pak Gk © 2021