Multiple choice general knowledge

Revenue expenditure is intended to benefit?

  1. Subsequent year

  2. Previous year

  3. Half Year

  4. Current year
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Revenue expenditure is intended to benefit the current period only, such as rent, salaries, and utilities for the present year. Capital expenditure, in contrast, benefits future periods by creating assets or increasing earning capacity.

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