3 Views

Question : Identify the correct match.
A) Pension to retired government employees - Revenue Receipt
B) Purchase of Machinery in Railways - Capital Expenditure

Option 1: Both A and B

Option 2: Only A

Option 3: Neither A nor B

Option 4: Only B


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Only B


Solution : The correct answer is Only B .

The term "capital expenditure" describes the money to buy, maintain, or enhance long-term assets to increase productivity or earnings potential. Purchasing new or used machinery is a benefit for the business. Therefore, the cost of the machinery is a capital expense.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books