![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
The out flow of funds to acquire an asset that will benefit the business for more than one accounting period is referred to as: |
A. | Miscellaneous Expenditure; |
B. | Revenue Expenditure; |
C. | Capital Expenditure; |
D. | Deferred Revenue Expenditure. |
Answer» C. Capital Expenditure; |
View all MCQs in
Financial AccountingNo comments yet