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12 Which Item would be considered a capital expenditure? A) Changing oil for a truck B) Buying a Truck. C) Buying head lights for the

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12 Which Item would be considered a capital expenditure? A) Changing oil for a truck B) Buying a Truck. C) Buying head lights for the truck D) None of the above. 13 Which of the following statement is true about time value of money? A) The longer you owe the more interest you pay. B) The less you pay the less interest you owe. C) You need to pay cash D) None of the above. 14 Which of the following is goodwill? A) The payment of the liabilities below the cost. B) The less you pay below above the FMV. C) The purchased of company net assets for more than it worth. D) None of the above. 15 Paid In Capital occurs when A) The cash you received is in excess to the par value. B) The cash received is less than par value. C) The account Receivable is greater than par value. D) None of the above

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