Which of the following items would be considered a revenue expenditure?
A)Plant assets
B)Routine maintenance
C)Addition
D)Betterment

Name: Which of the following items would be considered a revenue expenditure? A)Plant assets B)Routine maintenance C)Addition D)Betterment
Brand: Quizplus
Rating: 4.7 (42 reviews)

Question

Quizplus · Accepted Answer

Routine maintenance is a revenue expenditure as it is an expense incurred to maintain the existing plant assets in their present condition and does not increase their productivity or efficiency.

Which of the Following Items Would Be Considered a Revenue