A. general expenses
B. recurrent expenditure
C. revenue expenditure
D. capital expenditure

Correct Answer:

Option D – capital expenditure

Explanation

Capital expenditure: money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.

Copyright warnings! Do not copy.

 

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.