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allochka39001 [22]
3 years ago
6

Current expenditure is money spent on goods and services consumed within:

Business
1 answer:
Fiesta28 [93]3 years ago
5 0

Answer:

A) one year

Explanation:

As the name implies, current expenditure is an accounting term used to classify the total cost incurred on an item presently (or currently) within one year.

For example, It would be out of place to classify the projected cost of renting a facility in the next three years as a current expenditure if payment would be made in the future.

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A benefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. A proof of purchase
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