Accounting Multiple Choice Question – 18 February 2023

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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Which item is revenue expenditure?

Select ONE answer:

  1. cost of painting new office premises during construction
  2. cost of repairs to factory plant and machinery
  3. legal fees for the purchase of new factory premises
  4. wages of a company’s own workmen for building an office extension

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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