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    Question

    A deferred revenue expenditure is one

    which:
    A Is charged wholly to P&L immediately Correct Answer Incorrect Answer
    B Is capitalised and amortised over future periods because benefits are expected to arise over several periods Correct Answer Incorrect Answer
    C Is always a revenue receipt Correct Answer Incorrect Answer
    D Is a contingent asset Correct Answer Incorrect Answer
    E Is always recorded as current liability Correct Answer Incorrect Answer

    Solution

    Deferred revenue expenditure is spread over periods benefiting.

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