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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