| |
GeekInterview.com > Interview Questions > Accounting > Cashier
| Print | |
Question: What is meant by Deferred Revenue Expenditure
|
| June 06, 2007 06:36:50 |
#1 |
| Dasarathi Koganti |
Member Since: Visitor Total Comments: N/A |
RE: What is meant by Deferred Revenue Expenditure
|
| A deferred revenue expenditure is that where the benefit the expenditure can be had for more than ONE accounting period and less than FIVE accounting periods. There are no hard and fast rules that the period is linted to 1 - 5. It is just an assumption. It stands as an expired cost after the business entity has had the complete benefits. It is written off every year. |
| |
Back To Question | |
