The expenditure which does not result in the creation of assets is treated as

Capital expenditure

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Plan expenditure

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Transfer expenditure

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Revenue expenditure

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Solution

The correct option is D
Revenue expenditure

The expenditure which does not result in the creation of assets is treated as revenue expenditure. It includes all current expenditure on administration, defence and public commercial undertakings.

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Similar questions

Distinguish between revenue expenditure and capital expenditure.

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