CIPS Whole Life Asset Management (L4M7) Practice Test

Which purchase is most likely to be a capital purchase?

Monthly electricity for an office Printer paper used each week A one-year cleaning service A new production machine expected to be used for several years

Correct Answer:

A new production machine expected to be used for several years

Explanation:

Capital purchases are assets such as machinery or buildings that provide value over a period of time rather than being consumed immediately.

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