the deferred revenue expenditure id normally intended to create customer loyalty if statement true or false give explaination
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Answer:
false
Explanation:
I'd normally intended to create the deferred revenue expenditure loyalty to customer
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The deferred revenue expenditure is normally intended to create customer loyalty is a TRUE statement.
Explanation:
True, The Deferred revenue expenditure is normally intended to create customer loyalty. The expenditure which is done in the initial stage for which the benefit will also be available in subsequent years is called Deferred revenue expenditure. Part of such expenditure will be written off each year and the rest will be capitalized. For example, The revenue for advertisement is deferred expenditure since it will show benefit for a period of five years.
Learn more about this:
What is the difference between Fictitious Assets and Deferred Revenue Expenditure?
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