PdfPrep.com

Which of the following best explains what is meant by "capital expenditure"?

Which of the following best explains what is meant by "capital expenditure"?
A . Expenditure on the improvement and maintenance of non-current assets
B . Expenditure incurred in the raising of capital
C . Expenditure on the acquisition of non-current assets
D . Depreciation charges on non-current assets

Answer: C

Exit mobile version