24. Which statement is true about capital expenditure? A It consists of the purchase of goods for resale. B It includes the costs of operating a non-current asset. It involves the buying of an asset to be used in the business for more than a year. D It should be written off during the year in which the expenditure arises.

Question

04-03-2021
Social Studies

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24. Which statement is true about capital expenditure? A It consists of the purchase of goods for resale. B It includes the costs of operating a non-current asset. It involves the buying of an asset to be used in the business for more than a year. D It should be written off during the year in which the expenditure arises.

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