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Question Practice

What is a primary consequence of misclassifying revenue as capital expenditure?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - I
Question Bank

What is a primary consequence ...

Single Answer MCQ
Q-00053494

What is a primary consequence of misclassifying revenue as capital expenditure?

1

Increased asset value

2

Stated profits may be overstated

3

Incorrect tax filings

4

Reduced cash flow

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