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Accounting for Companies – II
notes self assessment
Choose the correct answer from the following options:
16. Acquisition of fixed asset is an example of:
(a) Capital expenditure
(b) Revenue expenditure
(c) Deferred revenue expenditure
(d) None of the above
17. Maintenance of fixed assets is an example of:
(a) Capital expenditure
(b) Revenue expenditure
(c) Deferred revenue expenditure
(d) None of the above
18. Construction of building is an example of:
(a) Capital expenditure
(b) Revenue expenditure
(c) Deferred revenue expenditure
(d) None of the above
19. Expenditure on advertisement for furtherance of market for products is an example of:
(a) Capital expenditure
(b) Revenue expenditure
(c) Deferred revenue expenditure
(d) None of the above
20. An expenditure that is charged to profit and loss account over a period of 3 to 5 years is an
example of:
(a) Capital expenditure
(b) Revenue expenditure
(c) Deferred revenue expenditure
(d) None of the above
Case Study morgan stanley: growth strategies in the chinese
Banking sector
organ Stanley, a global financial services firm’s major business segment included
Institutional Securities, Retail Brokerage, Asset Management and Discover
MFinancial Services. Morgan Stanley entered China by forming joint venture with
China International Capital Corporation Ltd. in 1995. In October 2006 Morgan Stanley
Contd...
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