An Expenditure for Which of the Following Items Would Be

question 195

Multiple Choice

An expenditure for which of the following items would be considered a revenue expenditure?

• A)Plant asset
• B)Ordinary repair
• C)Addition
• D)Improvements

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Definitions:

Groupthink

A psychological phenomenon occurring within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Restricted Network

A network that limits access to authorized users and often implements controls to manage information flow and data security.

Lack Of Response

A situation where there is no reply or acknowledgement to a communication or stimulus.

Restricted Network

A limited or closed communication system where access or membership is controlled or confined to specific users or groups.