Which of the following statements is true about deferred revenue expenses? (a) The economic benefits from these
Question:
Which of the following statements is true about deferred revenue expenses?
(a) The economic benefits from these are expected in the long-term period beyond the immediate next twelve months.
(b) The economic benefits are to be drawn only in the immediate next twelve months.
(c) The economic benefits have been realized in the past.
(d) None of these.
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