{"id":44140,"date":"2024-04-15T21:39:27","date_gmt":"2024-04-15T21:39:27","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=44140"},"modified":"2024-04-15T21:39:27","modified_gmt":"2024-04-15T21:39:27","slug":"amount-spent-on-advertisement-campaign-the-benefit-of-which-is-likely-to-last-for-at-least-three-years-is-or-rs-100000-spent-on-special-advertising-compaign-will-be","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/amount-spent-on-advertisement-campaign-the-benefit-of-which-is-likely-to-last-for-at-least-three-years-is-or-rs-100000-spent-on-special-advertising-compaign-will-be\/","title":{"rendered":"Amount spent on advertisement campaign, the benefit of which is likely to last for at least three years, is OR Rs. 1,00,000 spent on special advertising compaign will be:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Capital expenditure&#8221; option2=&#8221;Revenue expenditure&#8221; option3=&#8221;Deferred revenue expenditure&#8221; option4=&#8221;Contingent expenditure&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>C. Deferred revenue expenditure<\/strong><\/p>\n<p>Deferred revenue expenditure is an expenditure that is incurred in the current period but is expected to benefit the business in future periods. It is usually capitalized and amortized over the period of benefit.<\/p>\n<p>In the case of an advertisement campaign, the benefit of the expenditure is likely to last for at least three years. Therefore, the expenditure should be capitalized and amortized over a three-year period.<\/p>\n<p>The other options are incorrect because:<\/p>\n<ul>\n<li>Capital expenditure is an expenditure that is incurred on the acquisition of fixed assets.<\/li>\n<li>Revenue expenditure is an expenditure that is incurred on the day-to-day running of the business.<\/li>\n<li>Contingent expenditure is an expenditure that is incurred in anticipation of a possible future event.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Capital expenditure&#8221; option2=&#8221;Revenue expenditure&#8221; option3=&#8221;Deferred revenue expenditure&#8221; option4=&#8221;Contingent expenditure&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-44140","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amount spent on advertisement campaign, the benefit of which is likely to last for at least three years, is OR Rs. 1,00,000 spent on special advertising compaign will be:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/amount-spent-on-advertisement-campaign-the-benefit-of-which-is-likely-to-last-for-at-least-three-years-is-or-rs-100000-spent-on-special-advertising-compaign-will-be\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amount spent on advertisement campaign, the benefit of which is likely to last for at least three years, is OR Rs. 1,00,000 spent on special advertising compaign will be:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Capital expenditure&#8221; 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