Multiple choice

Under the head Operating Expenses, printing and stationery include

  1. books, forms and stationery used by the bank

  2. other printing charges which are not incurred by way to publicity expenditure

  3. Both (1) and (2)

  4. None of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

For banks, printing and stationery expenses include the cost of stationery items which are used daily in offices and the printed material for correspondence purposes. For example: business letter heads, business cards, envelopes etc.

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