3 Questions
What is the key difference between Capital Expenditure and Revenue Expenditure?
Capital Expenditure is for acquiring assets with long-term benefits, while Revenue Expenditure is for day-to-day expenses
Which type of expenditure impacts the balance sheet by increasing the value of an asset?
Capital Expenditure
In which type of expenditure are expenses typically incurred for maintaining the day-to-day operations of a business?
Revenue Expenditure
Test your knowledge on Capital Expenditure and Revenue Expenditure with this quiz. Learn the key differences between the two types of expenditures and understand their impact on a business. Identify which type of expenditure affects the balance sheet by increasing the value of an asset and which type is associated with day-to-day operational expenses.
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