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Revenue expenditure, the impact of which is likely to last for more than one year, is ______ expenditure. - Commercial Studies

Revenue expenditure, the impact of which is likely to last for more than one year, is ______ expenditure.

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Revenue expenditure, the impact of which is likely to last for more than one year, is deferred revenue expenditure.

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Chapter 6: Capital and Revenue Expenditure/Income - EXERCISES [Page 82]

Chapter 6 Capital and Revenue Expenditure/Income
EXERCISES | Q 1. (v) | Page 82

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