1 which of the following statements regarding capital, Ask an Expert

Accounting

1. Which of the following statements regarding capital expenditures is incorrect?
The benefits from expenditures can be planned with certainty
Capital expenditures cover an extended period of time
Capital expenditures require a significant cash outlay
Capital expenditures may result in a decrease in profits
2. Which of the following is not a reason why capital expenditures are incurred?
changes in production methods
increased production
preventive maintenance
decreased sales

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91058000

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