Quiz – Capital Expense – MCQ – Accounting Capital Premium

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Time Limit: Unlimited
Level: Easy to Medium
Question Type: MCQs
Passing Score: 90%
No. of Questions: 15

Quiz – Capital Expense – MCQ

Capital expenditure is shown in the cash flow statement.

Fixed asset liquidated within the same accounting year is a capital expense.

Capital expenses are also shown in the profit & loss account.

Legal cost incurred to acquire a fixed asset is a capital expenditure.

Benefits derived from capital expenses are exhausted _____.

Wages paid on installation of machinery is not a capital expense.

Which of these is a capital expense?

Capital expenses are shown in _____.

Capital expenses are also termed as _____.

Capital expenses are incurred _____.

Revenue expenditure mainly helps to increase the earning capacity of a business.

Cost incurred on installation of machine is _____ in the cost of asset.

Expenses like ‘upgradation of asset’ are added to the cost of asset.

Depreciation is a capital expenditure.

Which of them is a capital expenditure?

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