WAEC Accounting 2013 Objective — Question 29
Question 29 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following is a recurrent expenditure in public sector accounting?
- A. Purchase of vehicles
- B. Purchase of drugsCorrect
- C. Construction of boreholes
- D. Construction of buildings
Explanation
Drugs will be consumed within a year. Recurrent expenditures are expenditures that are used up within a year. It means such expenditure will occur yearly year out in the budget.
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