Which of the Following Would Not Be Included in the Expenditure

question 14

Multiple Choice

Which of the following would not be included in the expenditure category called 'investment expenditures'?

• A) Spending on new houses.
• B) The purchase of shares in a company.
• C) The purchase of a photocopy machine by the Commonwealth Bank.
• D) Cars held in inventory by a local Ford car dealer.

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Definitions:

Unlimited Liability

A legal structure in which business owners are personally responsible for all the debts of the business.

Corporate Form

A type of business structure where the entity is legally separate from its owners, providing limited liability protection to its shareholders.

Legal Entity

An organization with legal rights and obligations, such as a corporation, partnership, or sole proprietorship.

Nonstock Companies

Companies organized not to issue stock to the public, often structured to provide a service or benefit without profit motive.