MENU
The costs that provide a benefit to a company over more than one accounting period are called:
Suggested Answer: A
Get Premium SOFA-CFE Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
12 comments · newest first
EL
Eleonora
11 months ago
Capital expenses provide long-term benefits.
SH
Shanice
11 months ago
Wait, are you sure it's not asset expenses?
AI
Aide
12 months ago
Capital expenses are the right term here.
CA
Catina
12 months ago
I thought it was revenue expenses at first.
MA
Marjory
12 months ago
Definitely capital expenses!
YO
Youlanda
1 year ago
Could it be C, asset expenses? I’m a bit confused about the terminology used in these questions.
ST
Steffanie
1 year ago
I feel like I've seen a similar question before, and it was definitely about capital expenses being the right choice.
CA
Cassandra
1 year ago
I'm not entirely sure, but I remember something about revenue expenses being more short-term.
BA
Basilia
1 year ago
I think the answer might be A, capital expenses, because they usually provide long-term benefits.
CA
Casie
1 year ago
I'm a little stuck on this one. I know JSON is human-readable, but I'm not sure about the others. I'll have to think it through carefully.
OD
Odelia
1 year ago
The key here is understanding the legal and regulatory constraints around cloud services. I'd say the first thing to consider is whether the country where the cloud service is based has any laws that could impede the penetration test.
AD
Adaline
1 year ago
Okay, I've got this. Responsibility accounting groups costs and revenues based on the budget holder who is accountable for them. I'm confident I can select the right answer.