Ask Question
BusinessBusiness
28 July, 15:41

Equipment, real estate, and construction are examples of capital acquisitions, but information technology is not. A. TrueB. False

+3
Answers (1)
  1. 28 July, 16:02
    0
    False. Even Information Technology can be considered as capital acquisition.

    Explanation:

    Capital acquisition means the way through which new assets are purchased for business expansion and growth.

    Equipments, real estate and construction are all tangible assets and considered as capital assets whose life is usually greater than 1 year.

    Any acquisition which serves a business for long term which is generally for more than one year shall be termed as capital acquisition.

    Even software and patents acquired can be termed as capital acquisition if useful life of those exceeds an year.

    Thus, Information technology can be considered a capital acquisition if it's useful life for business is more than an year.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Equipment, real estate, and construction are examples of capital acquisitions, but information technology is not. A. TrueB. False ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How do you calculate business profit? A. Multiply revenue by costs. B. Subtract costs from revenue. C. Add costs to revenue. D. Subtract revenue from costs.
Answers (1)
Which of the following are sections of the Schedule of Cost of Goods Manufactured? (You may select more than one answer. Direct Labor Direct Materials Factory Overhead Cost of Goods Manufactured Cost of Goods Sold Net Income
Answers (1)
Which of the following forest management practices is best for reestablishing areas of forest? a. shelterwood cutting b. even-aged management c. reforestation d. uneven-aged management
Answers (1)
On January 1, a company issues bonds dated January 1 with a par value of $250,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31.
Answers (1)
Exhibit 34-1 Country A Country B Good X Good Y Good X Good Y 90 0 30 0 60 30 20 20 30 60 10 40 0 90 0 60 Refer to Exhibit 34-1. The opportunity cost of one unit of X in country B is a. 0.33 units of Y. b. 20 units of Y. c. 2 units of Y. d.
Answers (1)
New Questions in Business
If Whole Foods Market leaders were to engage in a SWOT analysis, they might study which of the following factors as part of the organization's external environment? a. Demographic and population changes within society b. The organizational culture c.
Answers (1)
How many fewer shirts are sold at the new demand level for any given price?
Answers (1)
brazil could produce coffee and rice. however, because of the climate and land of brazil, coffee is much cheaper and faster to produce.
Answers (2)
A $100 coat marked down from $150 can seem like a better deal than the same coat priced regularly at $100. this best illustrates the importance of
Answers (1)
What is the difference between a business cycle and the day-to-day ups and downs of the stock market?
Answers (1)
Home » Business » Equipment, real estate, and construction are examples of capital acquisitions, but information technology is not. A. TrueB. False
Sign Up Forgot Password?