The provided options seem to be mislabeled, but "Deferred Revenue Expenditure" is a valid financial term for expenses that benefit multiple accounting periods but do not involve acquiring a long-term asset. Capital Expenditure is the purchase or improvement of long-term assets, and Revenue Expenditure is for day-to-day, short-term operational costs.
Depreciation of fixed assets is an example of:
Review the verified answer and explanation for this SPSC – Sindh Public Service Commission past-paper question on CampusFin.