Which of following is a recurrent expenditure in public sector accounting?

Assessment: WAEC SSCE - Financial Accounting - 2013 (Objective) Subject: Financial Accounting

Question 1 Report

Which of following is a recurrent expenditure in public sector accounting?

Answer Details
A recurrent expenditure is an expense that is incurred regularly and is needed to keep the operations of an organization running. Among the options provided, the purchase of drugs is a recurrent expenditure in public sector accounting since it is a regular expense needed for the day-to-day operation of the health sector. The purchase of vehicles and the construction of bore holes and buildings are considered capital expenditures since they are typically one-time expenses that are not incurred regularly.

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