Multiple Choice
If it is not probable that expenditure will generate future benefits,the accounting treatment should bE.
A) To treat it as a deferred asset.
B) To amortise it over a period of no more than two operating cycles.
C) To expense it.
D) To treat it as an unearned revenue.
E) None of the given answers.
Correct Answer:

Verified
Correct Answer:
Verified
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