Which of the Following Statements Is Incorrect

question 125

Multiple Choice

Which of the following statements is incorrect?

• A)Replacement of a truck's tires would be a capital expenditure.
• B)Replacement of carpet in an office,damaged by a coffee spill,would be a repairs expense.
• C)Replacement of a roof on a newly purchased building before using it as a store would be a capital expenditure.
• D)The cost of repainting a hallway would be maintenance expense.

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Definitions:

Organizational Culture

The shared values, beliefs, and norms that influence the way members of an organization interact with each other and with stakeholders outside the organization.

Subcultures

Groups within a larger culture that distinguish themselves through a shared set of customs, values, and beliefs.

Line Employees

Workers directly involved in the operations of a business, contributing to the production of goods or services.

Technical and Professional Employees

Workers possessing specialized knowledge, skills, and qualifications in fields such as engineering, IT, law, and medicine.