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Which of the following statements is NOT related to the concept of capital expenditure as per the meaning in s 8-1 ITAA97? The expense relates
Which of the following statements is NOT related to the concept of capital expenditure as per the meaning in s 8-1 ITAA97?
The expense relates to the circulating capital of the business. The expense is incurred once and for all and it is unlikely to be repeated. The expense gives rise to an enduring benefit. The expense relates to the fixed capital of the business. The expense relates to the business entity.
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