Practice free →
HomeBAF (Bachelor of Accounting & Finance)Financial ManagementSecurities Markets › Investments in land, buildings and machinery exp…

Investments in land, buildings and machinery expected to serve beyond a year are:

ACommon expenditures
BCapital expenditures
CCasual expenditures
DCurrent expenditures
Answer & Solution
Correct answer: B. Capital expenditures
1. The assets are long lived. 2. The benefits last more than a year. 3. They are capital expenditures. _Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
Solve this in the app — BAF (Bachelor of Accounting & Finance) practice & 24k+ MCQs →
Related questions