There are certain expenses that may be in the nature of revenue but their benefit may not be consumed in the year in which such expenditure has been incurred; rather the benefit may extend over a number of years are termed as

Solution

Deferred revenue expenditure refers to certain expenses that are revenue in nature, meaning they are related to the current operating expenses of a business. However, the benefit of these expenses is not consumed entirely in the year in which they are incurred, and their benefits extend over a number of years. These expenses are treated as deferred and are amortized (expensed) over the periods during which they provide benefits.