Which of the Statements Below Regarding Capital Expenditures Is TRUE

question 169

Multiple Choice

Which of the statements below regarding capital expenditures is TRUE?

• A)Capital expenditures include those that make an asset last longer.
• B)Capital expenditures maintain the operating condition of an asset.
• C)Capital expenditures include ordinary repairs.
• D)Capital expenditures decrease the carrying value of an asset.

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Definitions:

Purchase Decision

A buyer’s decision to purchase something.

Preapproach

The preparatory phase where a salesperson gathers information and plans strategies before engaging with a potential customer.

Buying Center

A group of individuals within an organization who are responsible for making purchasing decisions, including evaluating and selecting products or services.