An expansion of business which is a result of capital budgeting decision is likely to affect virtually all items in the __________ account of the business.

Balance sheet

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Trading

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Profit and loss

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Trading and profit and loss

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Solution

The correct option is C Profit and loss
All items in the Profit and Loss Account, e.g., Interest, Expense, Depreciation, etc. and an expansion of business which is a result of capital budgeting decision is likely to affect virtually all items in the profit and loss account of the business.

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An expansion of business which is a result of capital budgeting decision is likely to affect virtually all items in the __________ account of the business.

The correct option is C Profit and lossAll items in the Profit and Loss Account, e.g., Interest, Expense, Depreciation, etc. and an expansion of business which is a result of capital budgeting decision is likely to affect virtually all items in the profit and loss account of the business.

The correct option is C Profit and loss
All items in the Profit and Loss Account, e.g., Interest, Expense, Depreciation, etc. and an expansion of business which is a result of capital budgeting decision is likely to affect virtually all items in the profit and loss account of the business.