What is the full form of "CAPEX"?
A. Credit Account Profit Exchange
B. Capital Expenditures
C. Capital Exchange
D. Chartered Profit Exchange
Answer: Option B
Solution(By Examveda Team)
Capital expenditures (CapEx) are funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment. CapEx is often used to undertake new projects or investments by a company.This Question Belongs to Abbreviations >> Finance Abbreviations
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