| 1 |
Depreciation of fixed assets used in the business is an example of |
- A. capital expenditure
- B. Revenue expenditure
- C. Deferred expenditure
- D. None of these
|
| 2 |
Octori duty paid on machinery, is an example of |
- A. Revenue expenditure
- B. Recurring expenditure
- C. Capital expenditure
- D. Both a & b
|
| 3 |
The transactions, the effect of which is not exhausted with in the current accounting year are called |
- A. Revenue transaction
- B. Capital transaction
- C. Current transaction
- D. Monetary transaction
|
| 4 |
Preliminary expenses paid in the formation of a company is a |
- A. Capital expenditure
- B. Deferred expenditure
- C. Revenue expenditure
- D. Capital loss
|
| 5 |
An expenditure, incurred to improve the position of the business is known as |
- A. Deferred expenditure
- B. Revenue expenditure
- C. Capital expenditure
- D. Recurring expenditure
|
| 6 |
Bad debts are |
- A. Deferred expenditure
- B. Revenue expenditure
- C. Capital expenditure
- D. None of these
|
| 7 |
Cost of redecorating a cinema hall is a |
- A. Capital expenditure
- B. Capital loss
- C. Revenue expenditure
- D. None of these
|
| 8 |
Wages paid for the construction of building is an example of |
- A. Revenue expenditure
- B. Capital expenditure
- C. Recurring expenditure
- D. Short-term expenditure
|
| 9 |
Transaction, having short-term effects are known as |
- A. Revenue transaction
- B. Capital transaction
- C. Non-monetary transaction
- D. Paper transaction
|
| 10 |
Expenditure, which helps to maintain the business efficiency is called |
- A. Revenue expenditure
- B. Deferred expenditure
- C. Capital expenditure
- D. Future expenditure
|
