Examlex
For each of the following items, indicate whether each would be treated as capital expenditure or revenue expenditure. (Choices may be used more than once.)
-Costs incurred prior to using the asset, such as installation and other costs to prepare the asset for use.
Coal Burning Installation
Facilities or structures where coal is burned to produce energy, often involving the generation of electricity through heating water to turn turbines.
Crude Oil Reserves
Quantities of extractable oil from the earth, estimated based on geological and engineering data, indicating potential resources for future exploitation.
Atomic Bomb
A weapon of mass destruction that releases its destructive energy through nuclear reactions of fission or fusion, causing significant devastation and loss of life.
Hydrocarbons
Organic compounds composed entirely of hydrogen and carbon, commonly found in fossil fuels and used as a primary energy source.
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