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GCE Accounting 2022 Objective — Question 43

Question 43 of 50 from the General Certificate of Education (GCE) Accounting 2022 Objective paper, with the correct answer and a full explanation.

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Revenue expenditure of a local government includes purchase of

  • A. theatre equipment
  • B. incubators
  • C. x-ray machine
  • D. drugsCorrect

Explanation

Revenue expenditure covers the day-to-day running costs of government departments, such as drugs for hospitals; the other items are capital expenditure.

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