The 'Capital and Revenue Expenditure Exam: Quiz!' assesses understanding of expenditure classification in accounting. It tests knowledge on capital vs. Revenue expenditures through practical scenarios, crucial for accurate financial reporting and compliance.
Revenue in nature
Deferred revenue in nature
Capital in nature
Liability in nature
Rate this question:
Cash A/c
Profit & Loss A/c
Machinery A/c
Installation expenses A/c
Rate this question:
Rs.10,000
Rs.10,500
Rs.11,500
Rs.12,700
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the above
Rate this question:
10,000
12,000
19,000
20,000
Rate this question:
Capital expenditure
Deferred revenue expenditure
Revenue expenditure
None of the above
Rate this question:
Purchase of a goods
Cost of repair
Wages paid for installation of machinery
Rent of a factory
Rate this question:
Capital expenditure
Revenue expenditure
Deferred capital expenditure
None of the three
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the above
Rate this question:
As a liability
As an asset
As an Income
As an expense
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the above
Rate this question:
Repair account
Machine account
Capital account
Furniture account
Rate this question:
Capital expenditure
Deferred revenue expenditure
Revenue expenditure
None of the above
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the three
Rate this question:
Nature of business.
Effect on revenue generating capacity of business.
Purpose of expenses.
All of the above.
Rate this question:
Reduction in operating costs
Increase in working capacity of an assets
Replacing damage parts of an assets
Both (b) and (c)
Rate this question:
Repairs account
General expenses account
Motor car account
None of the above
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
Capital loss
Rate this question:
Rs. 12,000
Rs. 22,000
Rs. 48,000
Rs. 58,000
Rate this question:
Material account
Wages account
Purchases account
Machinery account
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the three
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the above
Rate this question:
Rs.55,100
Rs.55,000
Rs.54,600
Rs.55,200
Rate this question:
Revenue expenditure
Capital expenditure
Deferred revenue expenditure
None of the above
Rate this question:
Capital expenditure
Revenue expenditure
Capital receipt
Revenue receipt
Rate this question:
Revenue expenditure
Capital expenditure
Deferred revenue expenditure
None of the three
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the above
Rate this question:
Nil
Rs.15,000
Rs. 10,000
None of the above
Rate this question:
Rs. 10,000
Rs.5,000
Rs.15,000
None of the three
Rate this question:
Deferred revenue expenditure
Capital expenditure
Revenue expenditure
None of the above
Rate this question:
Rs.25,000
Rs.10,000
Rs.15,000
NIL
Rate this question:
Plant account
Carriage account
Plant and carriage accounts
None of the three
Rate this question:
Expens
Liability
Asset
Revenue
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
None of the three
Rate this question:
Revenue
Expense
Gain
None of the above
Rate this question:
Rs. 10,000
Rs.10,100
Rs.100
Nil
Rate this question:
Manufacturing a/c
Trading a/c
P&LA/c
All the above
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
Capital loss
Rate this question:
Revenue expenditure
Capital expenditure
Deferred revenue expenditure
None of the above
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
Both (a) & (b)
Rate this question:
Rs.2,99,000
Rs.44,000
Rs.30,000
Rs.49,000
Rate this question:
Capital Expenditure
Revenue Receipts
Capital receipt
Revenue Expenditures
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
Capital loss
Rate this question:
Capital expenditure
Revenue expenditure
Deferred revenue expenditure
Capital lost
Rate this question:
Quiz Review Timeline (Updated): Oct 13, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
TYBAF || Valuation Of Goodwill
This quiz covers key concepts in the valuation of goodwill, including EPS, MVA, super profit, and normal profit calculations, aimed at TYBAF students.
Questions:
20 |
Attempts:
308 |
Last updated:
Mar 21, 2023
|
E-Quiz On Acc & Bst
This E-Quiz on Accounting and Business Studies assesses key financial concepts such as asset liquidity, accounting principles, and transaction recording. It is designed to enhance...
Questions:
25 |
Attempts:
126 |
Last updated:
Jan 18, 2023
|
FINAL EXAM- FUNDAMANTALS OF ACCOUNTING
This final exam tests fundamental accounting principles, covering balance sheets, economic events, asset categorization, and cost-related terms.
Questions:
74 |
Attempts:
242 |
Last updated:
Mar 21, 2023
|
BBA LLB SEC E_QUIZ2_Principles Of Accounting
Maximum Marks for this Quiz will be 30.
Ten questions carry 2 marks with a negative mark of .5 (1/4) for each wrong answer. (10x2)
Two questions have 5 marks with a...
Questions:
12 |
Attempts:
192 |
Last updated:
Mar 15, 2023
|
ACCOUNTING 1 MIDTERM PRE-EXAMINATION
This pre-examination for ACCOUNTING 1 MIDTERM assesses knowledge on inventory systems, cost of goods sold, and financial statements accuracy. It evaluates understanding of key...
Questions:
80 |
Attempts:
619 |
Last updated:
Mar 22, 2023
|
How Much Do You Know About Small Business Accounting?
Though small business accounting and business accounting fall under the same field, small business is quite different. It deals with smaller-scale companies and so is not as broad...
Questions:
10 |
Attempts:
217 |
Last updated:
Jun 17, 2023
|
Wait!
Here's an interesting quiz for you.