Gce Model Questions Vol1 2019 Commerce Question 4

Practice objective / multiple choice question 4 from the 2019 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2019 Commerce Objective / Multiple Choice Easy Difficulty
Question 4 GCE_MODEL_QUESTIONS_VOL1 • 2019 • COMMERCE • objective

A business purchases a delivery van for \(\N1,200,000\). Classify this expenditure as either capital expenditure or revenue expenditure.

Answer Options

A. Capital revenue
B. Revenue expenditure
Correct Answer C. Capital expenditure
D. Operating expense
Correct Answer
C
Correct Option:
Capital expenditure

About This Question

This is Gce Model Questions Vol1 2019 Commerce Question 4. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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