Capital expenditures are expenditures that keep assets in normal, good operating condition.

Name: Capital expenditures are expenditures that keep assets in normal, good operating condition.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital expenditures are expenditures made to acquire, improve or maintain fixed assets such as buildings, machinery, or equipment. They are not just to keep assets in normal, good operating condition, but to enhance their value or extend their useful life.

Capital Expenditures Are Expenditures That Keep Assets in Normal, Good