WAEC Accounting 2019 Objective — Question 8

Question 8 of 50 from the West African Examinations Council (WAEC) Accounting 2019 Objective paper, with the correct answer and a full explanation.

In public sector accounting, salaries of employees is classified as

A. capital expenditure
B. capital receipt
C. recurrent expenditureCorrect
D. recurrent receipt

Explanation

Recurrent expenditures are expenditures that re-occur yearly. Salary of employees re-occur over and over in the year, hence it is a recurrent expenditure.

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