Which of the Following Statements Is Correct

question 31

Multiple Choice

Which of the following statements is correct?

• A) The distinction between capital expenditure and revenue expenditure is always clear
• B) Sometimes the distinction between capital expenditure and revenue expenditure is not clear
• C) Buying a new car is revenue expenditure
• D) Statements B and C are both correct

Learn about file access modes and their implications on file handling.

Understand how to check for errors when opening a file and the importance of handling these errors.

Recognize the functions used for random access in files and their utility.

Understand the distinctions between logical and physical file pointers and standard I/O devices.

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Definitions:

Market Efficiency

The extent to which market prices fully reflect all available information, making it impossible to consistently achieve higher returns.

Emissions

The release or discharge of substances (like gases or pollutants) into the environment, often from industrial or vehicular sources.

Harm

Refers to damage or injury that negatively affects someone or something in a physical, psychological, or financial manner.

Marginal External Cost

The cost of producing one additional unit of a good or service that is borne by people other than the producer, often not reflected in the product's market price.