Capital and Revenue Expenditures MCQs 1

Written by True Tamplin, BSc, CEPF®

Reviewed by Subject Matter Experts

Updated on March 26, 2023

Take this quick test on capital and revenue expenditures to help you prepare for your exams, interviews, and other duties. Just click the "Start Quiz" button to start answering the multiple choice questions (MCQs).

1. An expenditure that benefits only the current period is known as a:
2. An expenditure that is not written off in one accounting period is termed a:
3. An expenditure that benefits several accounting periods is a:
4. Expenditures incurred on advertising a new product are:
5. Carriage paid on goods purchased is a:
6. Building destroyed by fire is a:
7. Taking a bank loan to acquire a fixed asset is a:
8. Revenue expenditures are shown in the:
9. Capital expenditures are shown in the:

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About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.