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CAPITAL AND REVENUE EXPENDITURE/INCOME — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesCAPITAL AND REVENUE EXPENDITURE/INCOME1 Mark
MCQ
An expenditure is Deferred revenue expenditure because
  • A
    Amount spent to buy assets
  • ✓
    The benefit of such expenditure is enjoyed by the business over a number of years.
  • C
    Amount spent on investment
  • D
    None of the above
✓

Answer

Correct option: B.
The benefit of such expenditure is enjoyed by the business over a number of years.
B

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