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Question 0

An expenses is said to be revenue in nature if it

  • A.adds or contributes to the operating income of the business
  • B.necessitates the introduction of additional capital
  • C.reduces the capital of the business
  • D.adds to or improves the value of fixed assets
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2015
Question no.
#0
Type
Objective
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