Question

10.E- tailing business represents

a.Business to business
b.Business to customers
c.Both A and B
d.none of the above
11.An expenditure is capital expenditure because :
a.the amount involved is large
b.the amount paid is lump sum
c.it is intended to benefit the future period
d.it is intended to benefit the current year.
12.Revenue expenditure is incurred
a.to improve the efficiency of an asset b.to maintain the efficiency of an asset c.to buy a fixed asset
d.to improve the fixed assets​

Answer 1

Answer:

10.both a and b

11. it is intended to benefit the future period

12.