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A firm hires the services of a chartered accountant and pays fees. For the firm, payment of fess is

September 20, 2022
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A firm hires the services of a chartered accountant and pays fees. For the firm, payment of fess is

Q. A firm hires the services of a chartered accountant and pays fees. For the firm, payment of fess is:-

  1. Final expenditure
  2. Intermediate expenditure
  3. Investment expenditure
  4. Capital expenditure

Answer: Intermediate expenditure

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