Solved EPFO APFC Question
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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