The cost of new equipment is called a revenue expenditure because it will help generate revenues in the future.（)
举一反三
- Paying employees A: Revenue expenditure B: Capital expenditure
- The following statement is wrong (). A: Financial revenue and expenditure are reflected in kind. B: Fiscal revenue and expenditure need to be realized through the financial system. C: Fiscal revenue and expenditure have a great influence on the central bank. D: Fiscal revenue and expenditure affect the financial activities of various sectors.
- The ability to generate future revenues and meet long-term obligations is referred to as: A: Liquidity and efficiency. B: Solvency. C: Profitability. D: Market prospects. E: Creditworthiness.
- ____________________ is relevant in a decision to replace equipment. A: a. Cost of old equipment B: b. Book value of old equipment C: c. Depreciation accrued on old equipment D: d. Future maintenance costs of old equipment
- Theof sales revenue over cost of goods sold is called or gross profit. Gross indicates that thehave not been .