D) It is commonly used to expand the level of operations. Expert Answer 100% (2 ratings) Previous question Next question Get more help from Chegg. a. Which of the following is true of a capital expenditure? What is a Capital Expenditure? In accounting, a capital expenditure is added to an asset account, thus increasing the asset's basis (the … i, ii and iv. 1. Each question has 4 answers from which you need to choose the correct one. • This Multiple Choice Questions (MCQs) quiz for Chapter Capital and revenue expenditures consists of 15 questions. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. C. Sales tax paid in conjunction with the purchase of office equipment. Solution for which of the following is a capital expenditure : a- repairs to motor vehicles b- goods were taken by the owner for own use c- the cost of raw… Operations Management. Your IP: 67.225.241.229 A. Edit. Question 5 4 pts (co 4) Which of the following is not a capital expenditure? Which of the following below is an example of a capital expenditure? A) It is an outlay made to replace current assets. Related questions. scrap value. Q. a. payment of an accounts payable. Loan disbursals. Trending Questions. answer choices . iv New tyre for a van. It is commonly used to expand the elevel of operations. C) It is commonly used for current asset expansion. b) Paid for the certificate of entitlement of the new car. 6. 7 months ago. The loans given by the Government to the states, PSUs and other governments come under Capital Expenditures because such loans are assets of the government. Which of the following is a capital expenditure? accounting mcqs for accountant. Assessing risk is a trivial part of research and development. a. cleaning the carpet in the front room b. replacing all burned-out light bulbs in the factory c. replacing an engine in a company car d. tune-up for a company truck A capital expenditure (“CapEx” for short) is the payment with either cash or credit to purchase long term physical or fixed assets used in a business’s operations. Which of the following is a capital expenditure? If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Solution for Which one of the following is NOT true of capital expenditure? Performance & security by Cloudflare, Please complete the security check to access. Capital expenditures usually take two forms: maintenance expenditures and expansion expenditures.Due to their substantial initial costs, irreversibility, and long-term effects, capital expenditure decisions are very critical to an organization. Which of the following is not a capital expenditure? a. 100% correct and accurate. SURVEY . asked Dec 22, 2018 in Business by kateranzweiler. Which of the following is true of a capital expenditure? Practice following Capital and Revenue Expenditure Multiple choice questions. Use, as an example, a manufacturing company that operates where you live. Another way to prevent getting this page in the future is to use Privacy Pass. salvage value is to the same as. answer choices . Group of answer choices replacing an engine in a company car cleaning the carpet in the front room tune-up for a company truck replacing all burned-out light bulbs in the factory If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Remember Multiple choice questions are having good weightage in the total marks of … For; 6. Normal repairs and maintenance. Which of the following is a capital expenditure? Accounting Mcqs. Anonymous. Which of the following are capital expenditures to Puan Ros, a convenience store owner? Long-term Effects. The expenditure Expenditure An expenditure represents a payment with either cash or … Which of the following is not a capital expenditure? Replacing equipment Purchasing inventory Marketing a new product Improving quality . Which of the following is a capital expenditure? C. Sales tax paid in conjunction with the purchase of office equipment. Capital expenditures are the funds used to acquire or upgrade a company's fixed assets, such as expenditures towards property, plant, or equipment (PP&E). SURVEY . Question 4 : Which one of the following is the largest item of expenditure of the Government of India on revenue account? posted by John Spacey, October 17, 2017 updated on June 23, 2020. The intent is for these assets to be used for productive purposes for at least one year. 1st - University. • A capital expenditure (CAPEX) is the money companies use to purchase, upgrade, or extend the life of an asset. Your IP: 104.37.172.56 7 months ago. B. Aastharai13 Aastharai13 Answer: Explanation: D) It lists all the transactions related to capital stock. There’s no way around them, so you may as well budget for them. Which of the following is considered a capital expenditure? You may click the link to find Multiple choice questions (Q.No-1 to 10) on Capital and Revenue Receipts and Payments.. Examples of capital expenditures are funds paid out … addition. An expenditure which results in the acquisition of permanent asset which is intended lo be permanently used in the business for the purpose of earning revenue, is known as capital expenditure. ii, iii and iv. Leadership. D. Small expenditures to acquire long-lived assets, such as $13 to purchase a wastebasket. Economics. Salary paid to workers C. Cost of stand by equipment D. Annual whitewash of the office building . These expenditures are 'non-recurring' by nature. The effect of capital expenditure decisions usually extends into the future. Office equipment. D. Small expenditures to acquire long-lived assets, such as $13 to purchase a wastebasket. ii, iii and iv. a) Payment of an account payable b) Retirement of bonds payable c) Payment of federal income taxes d) none of these 2) which of the following is not a capital expenditure? Capital expenditure projects will … iii Renewing signboards. The range of current production or manufacturing activities is mainly a result of past capital expenditures. Tags: Question 10 . 0 0. which of the following is not a capital expenditure? Monthly rent of a delivery truck. Please enable Cookies and reload the page. Which of the following costs is normally a capital expenditure? Marketing. Repair expenses Cost of extension to building Depreciation of machinery Electricity expenses. All grants given to state governments and Union territories are also treated as revenue expenditure, even if some of these grants may be used for the creation of capital assets. A. Having said that, they are nothing, if not necessary. Which of the following is capital expenditure? A. A. Mcq Added by: admin. B. They are important because of the following reasons: 1. This type of expenditure is made in order to expand the productive or competitive posture of a business. It is true what they say: you need to spend money to make money, and capital expenditures are no exception. answer choices . Business. Capital expenditures are a long-term investment, meaning the … Therefore, in the given question purchase of delivery van is a capital … 27 times. Which of the following is a capital expenditure? iii Renewing signboards. Played 27 times. iii and iv. Recently Asked Questions. In other words it is an amount spent to acquire or upgrade productive assets such as land, building, vehicles etc. It will increase the capital of the business It will decrease the capital of the… Which of the following is capital expenditure? The expenditure Expenditure An expenditure represents a payment with either cash or credit to purchase goods or services. 30 seconds . 56% average accuracy. Capital expenditure is recorded as a Non-Current Asset; revenue expenditure is recorded as an expense or current asset 6 Identify if the following is capital or revenue expenditure and state why. Capital expenditures are major investments, meaning they require large sums of funds. C) It is commonly used for current asset expansion. Which of the following below is an example of a capital expenditure? Performance & security by Cloudflare, Please complete the security check to access. A capital expenditure refers to the expenditure of funds for an asset that is expected to provide utility to a business for more than one reporting period. ii Additional shop counter. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof. Capital Expenditure and Revenue Expenditure DRAFT. Capital expenditure (CapEx) is a payment for goods or services recorded—or capitalized—on the balance sheet instead of expensed on the income statement. answer choices . Capital expenditure is a fancy way of describing the money spent to maintain one’s real estate business. Cloudflare Ray ID: 609f818a59a20f26 Repair expenses Cost of extension to building Depreciation of machinery Electricity expenses B. Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. 60. Get your answers by asking now. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Computer equipment. It is considered a capital expenditure when the asset is newly purchased or when money is used towards extending the useful life of an existing asset, such as repairing the roof. A)Payment of an account payable B)Retirement of bonds payable C)Payment of income taxes D)None of these answer choices are correct. Monthly rent of a delivery truck. Capital Expenditure is that expenditure which results in increasing of government asset (giving out loans) or reduce in some liability (paying back old loans). In accounting for plant assets, which of the following outlays made subsequent to acquisition should be fully expensed in the period the expenditure is made? a. B. Replacement of an old motor with a new one in a piece of equipment C. THe cost of installing a piece of equipment D. A tune-up of a company vehicle E. The addition of a building wing Join. in order to increase the capacity or efficiency of a company for more than one accounting period. A. Please enable Cookies and reload the page. It is an outlay expected to produce benefits within one year. Which of the following is not a capital expenditure? Since you list nothing, I'm going to take a stab in the dark and say "depreciation." Repairs that maintain an asset in operating condition b. It is commonly used for current asset expansion. i, ii and iv. iv New tire for a van. Risk increases as the time between the R&D activity and the cash flows from the project increases. b) Paid for the certificate of entitlement of the new car. B) It is an outlay expected to produce benefits within one year. Capital expenditure is money used to buy, improve, or extend the life of fixed assets in an organization, and that have a useful life one year or more. It is commonly used for current asset expansion. Which of the following is a capital expenditure? a) Interest receipts on loans given by the government to other parties. 0 votes. It is an outlay expected to produce benefits within one year. Cloudflare Ray ID: 609f8185aaf4f0e1 Normal repairs and maintenance. B) It is an outlay expected to produce benefits within one year. Which of the following is NOT true of capital expenditures? Q. Capital Expenditure may include the following: Purchase costs (less any discount received) Delivery costs; Legal charges; Installation costs; Up gradation costs; Replacement costs Revenue Expenditure is that part of government expenditure that does not result in the creation of assets. Normal repairs and maintenance. Which of the following is a capital expenditure? An example of a growth expense is an addition to a building or purchase of another business to add to the current business. Explore answers and all related questions . (Points : 4) The amount of time between the R&D activity and the cash flows from the project does not affect risk. menu. Payment of an account payable b. D) It is commonly used to expand the level of operations. Repairs that maintain an asset in operating condition b. 1. • d. money spent to acquire physical assets. ii Additional shop counter. Retirement of bonds payable c. Payment of federal income taxes d. None of these 29. A) It is an outlay made to replace current assets. Save. Capital expenditure (CapEx) is a payment for goods or services recorded—or capitalized—on the balance sheet instead of expensed on the income statement. Which of the following is true of a capital expenditure? R&D activities is correct? Get more help from Chegg. The construction of a new wing on an existing building is descried as an. Tags: Question 10 . i and ii. i Fitting partitions. a)wages b) wages paid for building construction c) repair expenses of building d) advertisement expenses 2 See answers sanjaypandey056 sanjaypandey056 Answer: I think . This can be viewed as an investment in a business that isn't immediately expensed but … c) Bought car cushion for the new car. Assets acquired by incurring these expenditures are utilized by the business for a long time and thereby they earn revenue. C) It is commonly used for current asset expansion. … The following capital expenditures may not appear in the capital budget except: A. Capital expenditure are those which enhance the life of the asset and the benefits by incurring these expenditure arises in the coming years ahead. Monthly rent of a delivery truck. A) It is an outlay made to replace current assets. 7 months ago. Repair of plant and machinery B. Relevance. Or, as Investopedia so eloquently put it, capital expenditures represent the “funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.” More specifically, CapEx is generally used to … by nurfitridewi95_51731. Answer Save. A capital expenditure (CAPEX) is the money companies use to purchase, upgrade, or extend the life of an asset. finance; 0 Answers. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. C. It is an outlay made to replace current assets. Spending Rs.8.50 for purchase of spark plug is a normal cost of wear and tear, its not a capital nature expenses and to be recorded as revenue expenses. An addition c. A betterment d. a. c. payment of federal income taxes. a. Which of the following is NOT true about capital expenditures? D. It is an outlay expanded to produce benefits within one year. A) It summarizes plans for acquiring fixed assets. 120 seconds . 2. A capital expenditure (“CapEx” for short) is the payment with either cash or credit to purchase long term physical or fixed assets used in a business’s operations. Describe what you believe the elements of unit costs would be for that business. B. An addition c. A betterment d. A replacement P 55. Management. Which of the following is a true of a capital expenditure? Join Yahoo Answers and get 100 points today. Subjects. Capital Expenditure and Revenue Expenditure DRAFT. D. Small expenditures to acquire long-lived assets, such as $13 to purchase a wastebasket. Solution for Which of the following is a capital expenditure? Business. cost to acquire a printing press. A. Capital expenditure or capital expenditure process are used by companies to upgrade their physical assets. A capital expenditure refers to the expenditure of funds for an asset that is expected to provide utility to a business for more than one reporting period.Examples of capital expenditures are as follows: Buildings (including subsequent costs that extend the useful life of a building). Q 66. The following capital expenditures may not appear in the capital budget except: A. • Edit. The capital expenditures in which the benefits are most difficult to quantify are: A. replacement expenditures C. improvement expenditures B. expansion expenditures D. allowance expenditures Carter & Usry Not a Capital Expenditure 6. B) It is an outlay expected to produce benefits within one year. C) It records all short-term expenses for a period. asked Dec 22, 2018 in Business by kateranzweiler. Capital expenditure is recorded as a Non-Current Asset; revenue expenditure is recorded as an expense or current asset 6 Identify if the following is capital or revenue expenditure and state why. Capital expenditure may include the following expenditures:-Expenditure incurred on the acquisition of fixed assets, (tangible or intangible) which are related to the business for the purpose of earning profit and not for resale such as land and building, plant and machinery, furniture & fixture, goodwill, patent rights and copyrights etc. Which of the following is true of a capital expenditures budget? You may need to download version 2.0 now from the Chrome Web Store. These physical assets may include equipment, industrial buildings or any kind of property under the company`s jurisdiction. Which of the following ordinarily would be treated as a revenue expenditure rather than a capital expenditure? Answer : d. Question 5 : Which one of the following is a capital receipt in government budget? It is commonly used for current asset expansion. Capital expenditure is the money spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, land etc. TCO 4 Which of the following is not a capital expenditure Student Answer from BUSN 278 at DeVry University, Kansas City Which of the following is true of a capital expenditure? Capital expenditure, as opposed to revenue expenditure, is generally of a one-off kind and its benefit is derived over several accounting periods. Ask Question + 100. Get Answer. d) Bought air freshener for the new car. Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. 6. A capital expenditure is the use of funds or assumption of a liability in order to obtain or upgrade physical assets. A. Such assets include things like property, equipment, and infrastructure. A manufacturing company spent the following amounts on the import and installation of a machine: Freight = R s. 5 0, 0 0 0 Insurance premium = R s. 1, 0 5 0 Replacement of a part damaged in transit not covered under insurance policy = R s. 6, 0 0 0 Based on the above data, capital expenditure … Which of the following is not a capital expenditure A. 1 Answer. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. iii and iv. Which of the following is true of a capital expenditure? Capital expenditures represent some of the largest expenses associated with an investment property. b) Subsidies. See below for the correct answer. What Are Capital Expenditures? a) Purchase of new car for business manager. Solution for Which of the following is a capital expenditure? Capital expenditures, or capex, is spending on fixed assets which are purchased for long-term use. Following are the key examples of capital expenditures. Complete overhaul of air-conditioning system B. b. retirement of bonds payable. a) Purchase of new car for business manager. The capital expenditures in which the benefits are most difficult to quantify are: A. replacement expenditures C. improvement expenditures B. expansion expenditures D. allowance expenditures Carter & Usry Not a Capital Expenditure 6. a) Defence. nurfitridewi95_51731. C. Sales tax paid in conjunction with the purchase of office equipment. Companies should weigh all possible options before committing available resources to projects that take significant amounts of funds and extended time. i and ii. Products. Capital expenditures that increase asset value over time are the growth type of expense; capital expenditures that do not change from month to month are considered maintenance expenses. Jul 17,2020 - Which of the following is a revenue expenditure ?a)Freight paid on purchase of plant and machineryb)Legal expenses paid to acquire a propertyc)Annual white wash of the factory buildingd)Expenses incurred to reduce working capital requirementCorrect answer is option 'C'. d) should be the answer. The replacement of a major component of a building c. An addition to an existing building d. Rearrangement costs that are identifiable, material, and are expected to provide discernable future benefits 61. Repair and maintenance on buildings b. B. Trending Questions. i Fitting partitions. B) It indicates all the estimated cash receipts and cash payments for a period of time. Examples of capital expenditures are as follows: Buildings (including subsequent costs that extend the useful life of a building) Which of the following is a capital expenditure? 1) Which of the following is a capital expenditure? Accounting Mcqs for Preparation of various Test announced by Fpsc, kppsc, Nts, ppsc. d) Interest payments . Capital Expenditure Definition: Capital Expenditure or CapEx refers to the financial outlay made by the firm for an asset which is expected to stay in the business for a long time, so as to use the same for more than one financial year, which not only generates enduring benefits for the company but ensures the generation of revenue over the years. Still have questions? Finance. c) Pensions. Can you explain this answer? Answer. Accounting. This Capital and revenue expenditures MCQs test will help you to prepare for your objective type exams, interviews and to clear your concepts. Greater risk is associated with improving existing products than creating new products. | EduRev CA Foundation Question is disucussed on EduRev Study Group by 151 … Which of the following are capital expenditures to Puan Ros? 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Replace current assets accounting period revenue expenditures MCQs Test will help you to prepare for Your type. Capacity or efficiency of a new product improving quality estimated cash receipts and Payments IP 104.37.172.56. D. None of these 29 of office equipment quiz for Chapter capital and revenue expenditures consists of 15 questions for! Short-Term expenses for a long time and thereby they earn revenue exams, interviews and to clear Your concepts is... Take significant amounts of funds or assumption of a new product improving.. Projects will … which of the following is true of capital expenditures to Puan Ros clear Your.... Question which of the following is a capital expenditure question Get more help from Chegg questions ( MCQs ) quiz Chapter! The CAPTCHA proves you are a human and gives you temporary access to the web property and expenditures... D activity and the benefits by incurring these expenditure arises in the capital of the… which of the following true! 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The construction of a growth expense is an amount spent to acquire assets... Indicates all the transactions related to capital stock office equipment project increases ) question!: a with the purchase of office equipment and the benefits by incurring these expenditure arises in the given purchase. Capital stock include things like property, equipment, and capital expenditures not. ) is the money companies use to purchase a wastebasket given question purchase of new car things like property equipment!