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Question

___________ refers to that expenditure which either increases an ________ or ________ liabilities of the government.
i. Capital expenditure ii. Asset, reduces iii. Capital Expenditure, Increase iv. Reduce Identify the correct answer/s from the following:

[0.80 marks]

A
i and ii
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B
i and iii
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C
ii and iii
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D
iii and i
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