Question

What is revenue expenditure?​

Answer 1

Answer:

Revenue Expenditure is that part of government expenditure that does not result in the creation of assets. Revenue Expenditure meaning: The Union government's revenue expenditure comprises money spent on revenue account — the amount spent on running its elaborate machinery.

Answer 2

Explanation:

revenue expenditure is a cost that is charged to expense as soon as the cost is incurred. By doing so, a business is using the matching principle to link the expense incurred to revenues generated in the same reporting period. This yields the most accurate income statement results.