Which of the Following Below Is an Example of a Capital

question 88

Multiple Choice

Which of the following below is an example of a capital expenditure?

• A)replacing an engine in a company car
• B)cleaning the carpet in the front room
• C)replacing all burned-out light bulbs in the factory
• D)tune-up for a company truck

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Definitions:

Collective Agreements

Legally binding contracts between employers and workers' representatives (often unions) setting out terms of employment, wages, and workplace conditions.

Common Law

A legal system based on custom, tradition, and court decisions, as opposed to statutory laws.

Material Change Report

A document filed by publicly traded companies to disclose any changes that could be considered important to shareholders or the market.

Insider Trade

Buying or selling a security by someone who has access to material, nonpublic information about the security.