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Which of the following is a function of management?
Installation Costs
Expenses associated with setting up or installing equipment, machinery, or infrastructure necessary for the operation of a business or service.
Maintenance Costs
Expenses incurred in the upkeep of assets, ensuring they continue to operate effectively without significant degradation or failure.
Capital Expenditure
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to improve its long-term service potential.
Repairs Expense
Costs incurred in the maintenance of assets to keep them in their original condition, without adding to their value or extending their life.
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