ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Google
   
 
Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (427)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1898)
 Accounting General interview questions  Accounting General Interview Questions (2808)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
Question
What do u mean by Deferred Revenue Expenses? Explain with
examples?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Deferred Revenue Expenses are those expenses which are
spent in large amount in any year but the benefit of which
accrues for many years. Hence, it is written off through
profit and loss account during their benefit period. For
example, huge amount spent on advertising during launching
of a product, the benefit of which will accrue for five
years. This expenditure will be written off in the profit
and loss account of succeeding five years.
 
Is This Answer Correct ?    85 Yes 3 No
Shruti Agarwal
 
Answer
# 2
Deferred revenue expenditure means expensed in the current
year or month but the period of benefits will be getting
over the diffrent future months or year.Example : Paid for
Advertisement expnses.If you paid Rs 12000 for a year in
the month of Jan'09 the period of benefits you are enjoying
for the whole year.
 
Is This Answer Correct ?    28 Yes 8 No
Santy
 
 
 
Answer
# 3
yes sir,deferred revenue expenses are those expenses which are incurred in initial stage and the benfit of the expense gives future benefit. 
Is This Answer Correct ?    13 Yes 1 No
Chandu
 
Answer
# 4
Can deferred revenue expence be capitalized? 
Is This Answer Correct ?    10 Yes 4 No
Ramesh Pk
 
Answer
# 5
in balance sheet is it necessary to show this type of
expenditure? this type expenditures should be shown in
Miscellaneous expneses or what?
 
Is This Answer Correct ?    4 Yes 4 No
Soumya
 
Answer
# 6
Deferred Revenue Expenditures are those expenditures which have been incurred in an accounting period and they do not create any assets but their benefit is spread in more then one accounting period Ex. Advertisement Cost .
Deferred expenditure refers to expenses incurred which do not apply to the current accounting period. Instead, they are debited to a 'Deferred expenditure' account in the non-current assets area of your chart of accounts. When they become current, they can then be transferred to the profit and loss account as normal.
 
Is This Answer Correct ?    0 Yes 1 No
Kapil
 
Answer
# 7
deffered revenue is like consulting fees . 
Is This Answer Correct ?    3 Yes 6 No
Thamim
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
Expand B O I   1
Expand---------CBDE   2
CAN A PERSON OPEN A PERSONAL CURRENT ACCOUNT IN BANK FOR PERSOANAL TRANSACTION.   1
i m having interview in federal bank for the post of PO, as i hv cleared the written exam. Please tell me how to prepare for that interview? State-Bank-Of-India-SBI 1
In telephronic round i would like to know what questions will be asked to a person and how we should answer it?   1
What is venture capital? Capital-IQ 11
Anand put Hire charges bill for Rs 185250. During the course of work we supplied diesel worth Rs 25360,paid driver battas of Rs 1050.Pl pass journal entry by taking security deposit @ 5% and TDS @2.25%as deductions from bill   2
what is a bill of exchange?   1
In a private limited company,if owner/shareholder withdraws different amounts from company account, then where should be that amount be accounted for/in which head of account that amount should be placed????   1
what type of account appear on a post closing trial balance? a) income statement accounts b) balance sheet accounts c) cash flow accounts d) temporary owner's equity accounts   1
Do assets have to be analysed between funds?   1
What is contingent liability? Ex   2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
   
Copyright 2013  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  KalAajKal.com