Economics · General Financial Rules
What does the CAPEX Model imply under the General Financial Rules (GFR) 2017?
- 1Goods and services are leased instead of purchased outright
- 2Capital expenditure is incurred straightaway for purchase, followed by maintenance and disposal✓
- 3The seller maintains the goods and consumables throughout the contract life
- 4Payment is staggered over the entire useful life of the product
Correct answer
Capital expenditure is incurred straightaway for purchase, followed by maintenance and disposal
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