1491. Any expenditure incurred to the increase the profit earning capacity of the concern is a :
A. Revenue expenditure
B. Current expenditure
C. Capital Receipt
D. Capital expenditure *
1492. Any expenditure incurred to keep the activities of a concern going is :
A. Capital expenditure
B. Revenue receipt
C. Revenue expenditure *
D. Future expenditure
1493. Expenditure incurred after buying second hand asset to bring it in to proper working place is a :
A. Capital expenditure *
B. Revenue expenditure
C. Deferred expenditure
D. Capital loss
1494. Expenditure incurred on the purchase and installation of a new asset is regarded as :
A. Revenue expenditure
B. Capital expenditure *
C. Revenue Receipt
D. Revenue -loss
1495. An expenditure is capital in nature when :
A. The amount involved is heavy
B. It increases the quantity of fixed assets *
C. It is the paid as interest on loans for the business
D. It is the personal expenditure of the owner is of capital
1496. If the goods or a service lost less than one year it is :
A. Revenue expenditure *
B. Capital expenditure
C. Capital receipt
D. Revenue receipt
1497. If the goods are a service lost longer than one year , it is :
A. Revenue expenditure
B. Capital expenditure *
C. Revenue receipt
D. Capital receipt
1498. Revenue expenditure the impact of which is likely to last for more than one year is :
A. Capital expenditure
B. Revenue expenditure
C. Deferred revenue expenditure *
D. None of these
1499. Expenditure to maintain the asset is:
A. Capital expenditure
B. Revenue expenditure *
C. Future expenditure
D. Deferred revenue expenditure
1500. Expenditure to improve the asset is :
A. Deferred revenue expenditure
B. Revenue expenditure
C. Current expenditure
D. Capital expenditure *