Multiple Choice
Money spent on heavy advertising, whose benefit is continuing for three years to come, is a __________.
A) Capital Expenditure
B) Revenue expenditure
C) Deferred Revenue Expenditure
D) none
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: Which accounting concept or convention which, in
Q35: In case of a debt becoming bad,
Q36: The total of the 'Discounts Allowed' column
Q37: The principle of recognizing revenue proportionately on
Q38: The International Accounting Standards Committee was set
Q40: Double Entry System was introduced in-<br>A)America<br>B)Japan<br>C)India<br>D)Italy
Q41: The Income created but not yet received
Q42: Which of the following is not a
Q43: In which of the following cases, accounting
Q44: A revenue that is collected before it