What are capital expenses in accounting - SS3 Accounting Classification of Expenses Question
What are capital expenses in accounting?
A
Expenses that are incurred for the acquisition or improvement of long-term assets
B
Expenses that vary with the level of production or sales
C
Expenses that remain the same regardless of the level of production or sales
D
Expenses that are not related to the normal course of business
correct option: a
Please share this, thanks:
Add your answer
No responses