Examlex
If Tomas's intelligence quotient is 115, we know that
Revenue Expenditure
A type of expenditure that does not result in the acquisition of long-term assets and is rather incurred in the day-to-day operations of a business.
New Equipment
Recently acquired or installed machinery or tools intended for operational or productive use in an organization.
Ordinary Maintenance
Routine maintenance and repairs necessary to keep an asset in working condition, not significantly prolonging its life or increasing its value.
Replacing Engine
The process of removing a damaged or nonfunctional engine from a vehicle or machine and installing a new or refurbished one.
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