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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
What is deferred revenue Expenditure.
 Question Submitted By :: Nayankabi
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is deferred revenue Expenditure.
Answer
# 1
WHICH EXPENSES IS ACCURED ONE TIME AND PROVIDE BENIFITAS 
MORE THAN ONE YEAR IS CALLED DEFERRED REVENUE EXPENDITURE
 
Is This Answer Correct ?    6 Yes 1 No
Narasimha Rao
 
  Re: What is deferred revenue Expenditure.
Answer
# 2
A heavy expenditure of a revenue nature incurred for 
getting benefit, which extends to two or more years is 
termed as "Defferred Revenue Expenditure". It is written 
off over two years or more during which the benefit is 
likely to last.It appears in the asset side of the balance 
sheet.
 
Is This Answer Correct ?    0 Yes 0 No
Munni
 
 
 

 
 
 
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