What is capital income?

Element 8 8.1.3 Quiz on Capital and Revenue Expenditure

Quiz
•
Financial Education
•
12th Grade
•
Hard

Lenna Alexandre
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income from day-to-day operations
Income from sales of assets
Income from routine maintenance
Income from office supplies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is considered revenue expenditure?
Purchase of machinery
Building a new office
Repairs and maintenance
Buying land
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is revenue income?
Income from the sale of fixed assets
Income from investments
Income from regular business activities
Income from issuing shares
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of capital expenditure?
Paying salaries
Purchasing raw materials
Constructing a new factory
Advertising costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following would be classified as capital income?
Revenue from sales
Interest received on savings
Proceeds from issuing shares
Rent received
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of expenditure is the cost of insurance premiums?
Capital expenditure
Revenue expenditure
Investment expenditure
Deferred expenditure
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not an example of revenue income?
Sales revenue
Rent received
Commission earned
Sale of a company vehicle
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