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    Principles of Corporate Finance Study Set 4
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    Exam 12: Capital Budgeting: Principles and Techniques
  5. Question
    Capital Expenditure Is an Outlay of Funds Invested Only on Fixed
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Capital Expenditure Is an Outlay of Funds Invested Only on Fixed

Question 25

Question 25

True/False

Capital expenditure is an outlay of funds invested only on fixed assets and is expected to produce benefits over a period of time greater than one year.

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