Accounting Multiple Choice Question – 29 November 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Accounting

Capital expenditure is . . .

Select ONE answer:

  1. money brought into a firm by its proprietor.
  2. expenditure incurred to finance the day-to-day operations of a firm.
  3. expenditure incurred on the acquisition or improvement of fixed assets.
  4. None of the above.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not Correct – is capital (not capital expenditure).
  2. Not Correct – is revenue expenditure.
  3. Correct
  4. Not Correct

 

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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