which of the following is not n item of capital expenditure?

Assessment: WAEC SSCE - Economics - 1999 (Objective) Subject: Economics

Question 1 Report

which of the following is not n item of capital expenditure?
Answer Details
The answer is "payment of salaries and wages". Capital expenditure refers to the spending of funds for acquiring, maintaining or upgrading fixed assets, such as buildings, equipment, or land, that are expected to benefit the company for more than one fiscal year. Salaries and wages are expenses incurred in the normal course of business operations and are classified as operating expenses, not capital expenditures.
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