It Is Necessary to Distinguish Between Capital and Revenue Expenditures

question 153

Multiple Choice

It is necessary to distinguish between capital and revenue expenditures because of which of the following accounting rules or principles?

• A)Matching
• B)Full disclosure
• C)Materiality
• D)Consistency

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Definitions:

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Victims

Individuals who have suffered harm, injury, or injustice, whether psychologically, physically, or emotionally, due to the actions or negligence of others.

Sexual Harassment

Sexual harassment involves unwanted sexual advances, or obscene remarks or actions, typically in the workplace or academic settings.

Customer Complaints

Expressions of dissatisfaction or grievances from customers about a product or service.