Solution-Which primary factor that distinguishes capital

Which primary factor that distinguishes capital expenditure

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Reference no: EM132765977

Problem 1: An unpaid workman's compensation claim against his employer for injuries sustained in an accident which has already occurred is an example of a(an)

a) contingent loss.

b) anticipated loss.

c) contingent liability.

d) estimated liability.

Problem 2: The primary factor that distinguishes capital expenditure from revenue expenditure is:

a) the period in which the expenditure was made

b) the period or periods expected to be benefited

c) the account to be charged

d) the materiality of the expenditure

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Which primary factor that distinguishes capital expenditure

Reference no: EM132765977

Reference no: EM132765977

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