Economics · General Financial Rules
In the OPEX Model under GFR 2017, which of the following statements is true?
- 1The buyer purchases and owns the goods outright from the beginning
- 2The seller provides goods, maintains them, supplies consumables, and takes them back after their useful life✓
- 3The expenditure is entirely capital in nature and paid once at the start
- 4The responsibility for final disposal of the goods lies entirely with the buyer
Correct answer
The seller provides goods, maintains them, supplies consumables, and takes them back after their useful life
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