WAEC Accounting 2018 Objective — Question 4
Question 4 of 50 from the West African Examinations Council (WAEC) Accounting 2018 Objective paper, with the correct answer and a full explanation.
Advertisement
Which of the following transactions is a revenue expenditure?
- A. Purchase of a plant
- B. Purchase of a new engine
- C. Construction of office wall
- D. Purchase of fuel for vehicleCorrect
Explanation
Purchase of fuel is a recurrent expenditure that reoccurs throughout the year, making it a revenue expenditure.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.