Revenue expenses are also known as?

A. Fixed expense of the company
B. Running expense of the company
C. Initial expense of the company
D. None of these

Brief facts about this MCQs:

Revenue expenditures areĀ short-term expenses used in the current period. These expenses are also such expenses which are used in one single year. Moreover, revenue expenditures include the expenses required to meet the ongoing operational costs of running a business, and thus are essentially the same as operating expenses.
Also Read: Financial Accounting multiple choice questions and answers download PDF

Leave a Reply

Your email address will not be published. Required fields are marked *