Accounting · EPFO APFC · Question 7 of 30

Accounting – Question 7

Step-by-step solution. Accounting for EPFO APFC.

Topic
Accounting
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

Solved EPFO APFC Question

A solved EPFO APFC PYQ — decoded step-by-step.

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Q · AccountingMedium · 45s

Revenue expenditure is:

TopicAccounting
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained — no skipped algebra.

Routine expenses like rent, wages, repairs are revenue expenditures.

Final Answer: Option B — Incurred to maintain day-to-day operations
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Accounting Question 7 – EPFO APFC