Which of the following is an accurate statement regarding capital expenses?
Which of the following is an accurate statement regarding capital expenses?
Capital expenses are typically long-term investments with value being realized through their use. These expenses involve acquiring, upgrading, and maintaining physical assets like property, buildings, technology, or equipment, which provide value over time through their usage in operations.
Correct answer is C.. Option A defines operational expense.
absolutely right
Correct answer is C. Option A defines operational expense.
Correct answer is C
C is correct
Answer is C.
Explanation: Capital expenses (CAPEX) are funds used by an organization to acquire, upgrade, and maintain physical assets such as property, buildings, technology, or equipment. These expenses are typically long-term investments that provide value over time through their use in operations.