Which of the Following Would Be Considered a Revenue Expenditure

question 39

Multiple Choice

Which of the following would be considered a revenue expenditure?

• A)Cost to install a new machine
• B)Sales tax on the cost of a new machine
• C)Cost the ship the machine to factory
• D)Costs incurred during test run the new machine.
• E)All of the above

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Definitions:

Tuition Payment

The act of paying for instruction, especially at a school or university.

Nonpublic School

A learning establishment that functions autonomously from the public education system, typically financed by tuition fees, personal donations, or faith-based groups.

Metaphors

Figures of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, often providing a symbolic comparison.

Cognitive Development

The process by which individuals perceive, think, and gain understanding of their world through the interaction of genetic and learned factors.