Which of the Following Statements Is Incorrect

question 8

Multiple Choice

Which of the following statements is incorrect?

• A)Replacement of a truck's tires would be treated as a capital expenditure.
• B)The cost of replacing carpet in a building would be a revenue expenditure.
• C)Cost of replacing 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 a revenue expenditure.

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Definitions:

Testimonials

Statements from satisfied customers or users, endorsing the value or quality of a product or service.

Memorized Sales Presentation

A prewritten script used by salespeople to pitch a product or service consistently across different presentations.

Discussion Sequence

The ordered flow of topics or questions designed to guide a conversation or negotiation toward a desired outcome.

Sales Presentation

A pitch or demonstration given to a potential client or customer with the goal of promoting and selling a product or service.