Accounting Multiple Choice Question – 28 July 2023

When is it necessary to distinguish between revenue and capital expenditure?

Select ONE answer:

1. when preparing cash budgets
2. when preparing investment appraisal calculations
3. when preparing profit and loss accounts
4. when preparing purchase ledger control accounts

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
2. Not correct
3. Correct
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.