WAEC Accounting 2022 Objective — Question 43

Question 43 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.

Revenue expenditure of a local government includes purchase of

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

Explanation

Drugs are a recurring, day-to-day operational cost (consumed and replenished regularly), making them revenue expenditure rather than capital expenditure.

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