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Commerce · Q1427

Accounting

Graduate and Post Graduate · Commerce · question 1427

Q1427

Deferred revenue expenditure is associated with

A.
An expenditure for entertainment of executives
B.
Past expenditure made by a company now adjusted from the current profit
C.
Expenditure which is revenue in nature is spread over a number of years
Answer
D.
An expenditure which cannot be taken into account due to non-availability of a cash
E.
It is a recurring expenditure of a business organization

Answer: Option C

Solution

Answer: Option C
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