13 Views

Question : Which of the following is considered a capital expense?

Option 1: Pension

Option 2: Payment of salaries

Option 3: Subsidies

Option 4: Construction of school buildings


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: Construction of school buildings


Solution : The correct answer is the Construction of school buildings.

The money spent on purchasing, preserving, or enhancing fixed assets such as buildings, cars, machinery, land, etc is referred to as capital expenditure. Stated differently, it refers to the sum of money used to purchase or improve productive assets like real estate, buildings, cars, etc. to boost a company's capacity or efficiency over multiple accounting periods.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

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