Which of the following statements is not reflective of revenue expenditure?

Question

Quizplus · Accepted Answer

Revenue expenditure is typically defined as the cost of goods sold or expenses that are incurred as part of the ordinary day-to-day operations of a business, which are charged to the income statement and provide benefits to the business in the same period. Option C, which mentions expenditure providing benefits for several periods, is more reflective of capital expenditure, not revenue expenditure. Capital expenditures are investments in long-term assets that will provide benefits over multiple periods.

Which of the Following Statements Is Not Reflective of Revenue