Smartindia Classroom
CONTENTS
Accountancy
Business Studies
Computer Science
English I
Economics
English II
Back to home
Start Practice
Question-1
A college building constructed for the children of the employees is a-------------expenditure
(A)
Capital
(B)
Revenue
(C)
Deferred revenue
(D)
None of these
Question-2
Damages paid on account of contract is a -------------- expenditure
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-3
Directors fees is a ----------- expenditure
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-4
Capital expenditure________to the revenue earning capacity of a concern
(A)
Deducts
(B)
Neglect
(C)
Adds
(D)
None of these
Question-5
Cost of removal of business from old site to the new is a ----------------- expenditure
(A)
Capital
(B)
Revenue
(C)
Deferred revenue
(D)
None of these
Question-6
Wages and salaries paid for the construction of a new plant or machinery or wages paid to workman engaged in construction of a fixed assets are expenditure of ---------nature
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-7
An expenditure that arises out of and in the course of regular business transaction of a concern is termed as_______ expenditure.
(A)
Capital
(B)
Revenue
(C)
Receipt
(D)
Income
Question-8
The benefit of capital expenditure extends to move than________
(A)
3 months
(B)
5 months
(C)
6 months
(D)
One year
Question-9
Advertised the shop in a local newspaper for Rs.250
(A)
Revenue
(B)
Capital
(C)
Deferred revenue
(D)
None of these
Question-10
----------- is recurring in nature
(A)
Revenue expenditure
(B)
Capital expenditure
(C)
Deferred revenue
(D)
None of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
Powered By
