Capital and Revenue Items
Authored by daphne roberts
Business
10th - 12th Grade
Used 36+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In which of the following might revenue expenditure be used?
purchase of machinery
money spent for patents
money spent on wages
money paid for a franchise license
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Purchase of new computer for use in the office.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Charges to install and set up the new computer in the office.
revenue expenditure
capital expenditure
capital receipt
revenue receipt
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Selling out of date machinery for $3,000.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Selling old office furniture for $500.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Owner invests $10,000 into the business.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Goods bought for resale.
capital expenditure
revenue expenditure
capital receipt
revenue receipt
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