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The costs of acquiring fixed assets and bringing them into the firm is a

The costs of acquiring fixed assets and bringing them into the firm is a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A General expenses
  • B Recurrent expenditure
  • C Revenue expenditure
  • D Capital expenditure
Correct Answer: Option D
Explanation:
Capital expenditure; money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.

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