Advertisements
Advertisements
Question
Which set of activities is covered by expenditure on fixed capital?
Options
Inventories, debtors, bills receivable
Leasing, shared facilities, retained earnings
Acquisition, expansion, modernisation, replacement
Equity, preference shares, debentures
MCQ
Advertisements
Solution
Fixed capital covers expenditure on acquisition, expansion, modernisation, and replacement. These activities concern fixed assets.
shaalaa.com
Is there an error in this question or solution?
