The geocentric approach to managing an international subsidiary is likely to result in the hiring of more third-country nationals

Which of the following would be considered a revenue expenditure?

A) Purchase of a microcomputer B) Installation of a heating system C) Addition of a building wing D) Replacement of a truck's battery

Application of the blockage rule has not been limited to just the valuation of stocks and securities but has been applied to other assets

a. True b. False Indicate whether the statement is true or false