Which of the Following Items Would Be Considered a Capital

question 201

Multiple Choice

Which of the following items would be considered a capital asset?

• A)Purchase of office supplies to be used internally over the next year
• B)Payment for this year's advertising campaign
• C)Construction of a new store building
• D)Donation of money to United Way

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Definitions:

Problem

A situation, question, or issue that is difficult to deal with or understand, requiring a solution or answer.

Data

Quantitative or qualitative values that represent information or variables, often used for analysis or decision-making.

Specific Organization

A particular or distinct institution, corporation, or group organized for a certain purpose or activity.

Reasonable Evidence

is evidence that is sufficiently reliable and pertinent to support a logical conclusion.