Accounting WAEC

Which of following is a recurrent expenditure in public sector accounting?

A. purchase of vehicles
B. purchase of drugs
C. construction of boreholes
D. construction of buildings

Correct Answer: Option B

C. construction of boreholes

Explanation

Recurrent expenditure on goods and services is expenditure, which does not result in the creation or acquisition of fixed assets (new or second-hand). It consists mainly of expenditure on wages, salaries, and supplements, purchases of goods and services and consumption of fixed capital (depreciation).

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