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Spending whose benefits last beyond one year is called a:

ACoastal expenditure
BCapital expenditure
CCasual expenditure
DCentral expenditure
Answer & Solution
Correct answer: B. Capital expenditure
1. A new printing press is an example. 2. It shows as a fixed asset. 3. That is a capital expenditure. _Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
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