Multiple Choice
A retailer invests $500,000 in a new computer network to streamline purchasing,inventory control and bill payments.Which of the following is the most likely investment category for this type of project?
A) New investments to increase revenue.
B) The capital investment project does not fit any of the categories.
C) Replacement of old assets as they wear out.
D) New technology to decrease costs.
Correct Answer:
Verified
Correct Answer:
Verified
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