WhiWWhich of the following would not be classified as a capital expenditure for

Question

WhiWWhich of the following would not be classified as a capital expenditure for decision-making purposes?

a

purchase of a building<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

b.

investment in a management training program

c.

purchase of 90-day Treasury Bills

d.

development of a major advertising campaign

a

purchase of a building<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

b.

investment in a management training program

c.

purchase of 90-day Treasury Bills

d.

development of a major advertising campaign

Explanation / Answer

c.

purchase of 90-day Treasury Bills

c.

purchase of 90-day Treasury Bills

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