The out flow of funds to acquire an asset that will benefit the business for more than one accounting period is referred to as:

The out flow of funds to acquire an asset that will benefit the busine

1.	The out flow of funds to acquire an asset that will benefit the business for more than one accounting period is referred to as:
A.	Miscellaneous Expenditure;
B.	Revenue Expenditure;
C.	Capital Expenditure;
D.	Deferred Revenue Expenditure.
Answer» D. Deferred Revenue Expenditure.