Accounting · Expenditure Types
What defines a recurring expenditure?
- 1An expense that occurs only once during the business cycle.
- 2An expense that occurs frequently and regularly in day-to-day business operations.✓
- 3An expense related to purchasing long-term assets.
- 4An expense that is capitalized on the balance sheet.
Correct answer
An expense that occurs frequently and regularly in day-to-day business operations.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Expenditure Types?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Expenditure Types