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CFO Interview Question:
Tell me what is capital Expenditure?
Submitted by: AdministratorCapital Expenditure is an amount incurred for acquiring the long term assets such as land, building, equipments which are continually used for the purpose of earning revenue. These are not meant for sale. These costs are recorded in accounts namely Plant, Property, Equipment. Benefits from such expenditure are spread over several accounting years.
Submitted by: Administrator
Submitted by: Administrator
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