Which of the following capital expenditure may not appear in capital budget? I) Investment in a new plant
II) Investment in a new machine
III) Investment in training employees
A) I only
B) II only
C) III only
D) I and II only

Name: Which of the following capital expenditure may not appear in capital budget? I) Investment in a new plant II) Investment in a new machine III) Investment in training employees A) I only B) II only C) III only D) I and II only
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Question

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The Answer is C

Which of the Following Capital Expenditure May Not Appear in Capital