| 1 |
Cost of redecorating a cinema hall is a |
- A. Capital expenditure
- B. Capital loss
- C. Revenue expenditure
- D. None of these
|
| 2 |
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
|
| 3 |
Capitalized expenditure are shown in |
- A. Trading a/c
- B. Profit or loss a/c
- C. Income statement
- D. Balance sheet
|
| 4 |
Heavy expenditure on advertisement for making a new product is a |
- A. Revenue expenditure
- B. Deferred expenditure
- C. Capital loss
- D. Non-recurring expenditure
|
| 5 |
Expenditure, which helps to maintain the business efficiency is called |
- A. Revenue expenditure
- B. Deferred expenditure
- C. Capital expenditure
- D. Future expenditure
|
| 6 |
Transaction, having short-term effects are known as |
- A. Revenue transaction
- B. Capital transaction
- C. Non-monetary transaction
- D. Paper transaction
|
| 7 |
Distinction between capital and revenue items is important for the preparation |
- A. Balance sheet
- B. Trading and profit or loss a/c
- C. Bank reconciliation statement
- D. Both a & b
|
| 8 |
Which one of the following is appeared in the balance sheet |
- A. Revenue expenditure
- B. Capital expenditure
- C. Deferred expenditure
- D. Both b & c
|
| 9 |
Bad debts are |
- A. Deferred expenditure
- B. Revenue expenditure
- C. Capital expenditure
- D. None of these
|
| 10 |
An expenditure, which is temporarily increase the profit making capacity of the business is called |
- A. Deferred expenditure
- B. Capital expenditure
- C. Revenue expenditure
- D. Non-recurring expenditure
|
