WAEC Accounting 2025 Objective — Question 34
Question 34 of 50 from the West African Examinations Council (WAEC) Accounting 2025 Objective paper, with the correct answer and a full explanation.
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The capital budget is associated with
- A. Long term and short term assets
- B. Fixed assets
- C. Long term assetsCorrect
- D. Short term assets
Explanation
The capital budget records expenses and incomes expected to last beyond a single accounting cycle.
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