WAEC Accounting 2017 Objective — Question 48

Question 48 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.

48. Capital expenditure for the local government is (using the data in Q47)

A. A. D473,000
B. B. D438,000
C. C. D422,000
D. D. D410,000Correct

Explanation

Capital expenditure is a one-off expenditure. It does not occur yearly. = D120,000+D200,000+D90,000+D28,000 = D438,000... (per the source's stated final answer, D410,000).

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