Q
Which one of the following is a capital expenditure?
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A
A. Compensation paid to directors on termination of their services
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B
B. Expenditure incurred in connection with the renewal of a trade mark.
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C
C. Gratuities paid to directors on termination of their services.
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D
D. Royalty paid in installments for the purchase of rights to manufacture and sell patient medicines.
Correct Answer:
A. A. Compensation paid to directors on termination of their services
