Question

__________it means an expenditure which has been incurred for the purpose of obtaining a long term advantage for the business.

Answer 1

Explanation:

Capital expenditures represent major investments of capital that a company makes to maintain or, more often, to expand its business and generate additional profits. Capital expenses are for the acquisition of long-term assets, such as facilities or manufacturing equipment

Answer 2

Answer:

Capital Expenditure means an expenditure which has been incurred for the purpose of obtaining a long term advantage for the business.