Accounting JAMB

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

Correct Answer:

Option A – adds or contributes to the operating income of the business

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: Accounting

Recent Posts

STM413 Theory Questions: Antibiotic Action on Protein Synthesis and Characteristics of Effective DisinfectantsSTM413 Theory Questions: Antibiotic Action on Protein Synthesis and Characteristics of Effective Disinfectants

STM413 Theory Questions: Antibiotic Action on Protein Synthesis and Characteristics of Effective Disinfectants

400 Level  Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

12 hours ago
STM 413 Theory Question: Factors Affecting Antimicrobial Agent EffectivenessSTM 413 Theory Question: Factors Affecting Antimicrobial Agent Effectiveness

STM 413 Theory Question: Factors Affecting Antimicrobial Agent Effectiveness

400 Level  Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

12 hours ago
STM 413 Theory Questions: Key Factors Influencing Drug Disposition in the BodySTM 413 Theory Questions: Key Factors Influencing Drug Disposition in the Body

STM 413 Theory Questions: Key Factors Influencing Drug Disposition in the Body

400 Level  Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

12 hours ago
STM 413 Theory Questions: Ensuring Drug Safety: GMP Principles and Understanding Drug MisuseSTM 413 Theory Questions: Ensuring Drug Safety: GMP Principles and Understanding Drug Misuse

STM 413 Theory Questions: Ensuring Drug Safety: GMP Principles and Understanding Drug Misuse

400 Level  Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

12 hours ago
STM 413 Theory Questions: Semisynthetic Penicillins and Drug AntagonismSTM 413 Theory Questions: Semisynthetic Penicillins and Drug Antagonism

STM 413 Theory Questions: Semisynthetic Penicillins and Drug Antagonism

400 Level  Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

12 hours ago
STM 414 Theory Questions: Bacterial Toxins: Endotoxins vs Exotoxins and Pathogenic MechanismsSTM 414 Theory Questions: Bacterial Toxins: Endotoxins vs Exotoxins and Pathogenic Mechanisms

STM 414 Theory Questions: Bacterial Toxins: Endotoxins vs Exotoxins and Pathogenic Mechanisms

400 Level  Department of Science Laboratory Technology exam questions and detailed answers. Download the answers in…

13 hours ago