Expenditures that add to the utility of fixed assets for more than one accounting period are A capital expenditures B utility expenditures C revenue expenditures D committed expenditures

Question

Expenditures that add to the utility of fixed assets for more than one accounting period are A capital expenditures B utility expenditures C revenue expenditures D committed expenditures

Answer 1

capital expendituresCapital expenditures are funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment. These expenditures add value to the fixed assets and provide benefits over multiple accounting periods.

Problemas

Expenditures that add to the utility of fixed assets for more than one accounting period are A capital expenditures B utility expenditures C revenue expenditures D committed expenditures

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