______ refers to money spent by a business for an item that will be used over a long period of time. your…

______ refers to money spent by a business for an item that will be used over a long period of time. your answer i

______ refers to money spent by a business for an item that will be used over a long period of time. your answer i

Answer

Brief Explanations:

In business, capital expenditure is money spent on an item that will be used over a long - term. It is used to acquire or improve long - lived assets like property, plant, and equipment.

Answer:

Capital expenditure