Question

Capital expenditures involve the acquisition of assets that are long lasting, such as: (more than one can be selected) A. operating expenses for the next year. B. supplies. C. land and buildings. D. equipment with an appropriate number of years of useful life

Answer 1

Capital expenditures involve the acquisition of assets that are long lasting, such as C. land and buildings. D. equipment with an appropriate number of years of useful life

Step-by-step explanation:

Capital Expenditures -

Commonly represented as CapEx , these are the fixed funds used by company for the purpose to upgrade , acquire and maintain physical assets such as the building , property , any technology etc.

capital expenditure is the expense made on fixed assets like land, buildings, equipment. Supplies and operating expenses are variable costs.