An organization’s capital expenditure policies are MOST closely aligned with which of the following types of assets?

An organization’s capital expenditure policies are MOST closely aligned with which of the following types of assets?
A . Deferred
B . Intangible
C . Current
D . Fixed

View Answer

Answer: D

Explanation:

Capital expenditure policies primarily relate to fixed assets, as they involve investments in long-term assets that are capitalized and depreciated over time.

Reference: Horngren,

C. T., Datar, S. M., &

Rajan, M. V. (2015). Cost Accounting: A Managerial Emphasis.