WAEC Economics 2014 Objective — Question 19
Question 19 of 50 from the West African Examinations Council (WAEC) Economics 2014 Objective paper, with the correct answer and a full explanation.
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Which of the following items is not a recurrent expenditure?
- A. Building of schools and collegesCorrect
- B. Maintenance of school building
- C. Payment of teachers' salaries
- D. Purchase of stationery for examinations
Explanation
Building of schools and colleges are capital projects which are grouped under capital expenditure. Recurrent expenditures are spending at regular intervals; capital expenditures are spending on permanent projects.
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