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Commerce Accounting Difficulty: Medium

Amount spent on advertisement campaign, the benefit of which is likely to last for at least three years, is OR Rs. 1,00,000 spent on special advertising compaign will be:

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Cause and effect relationship between activity and costs is result of Monopolistic competition means- Match the following legislations with the year of their enactment: List-I List-II a. Industries (Development and Regulation) Act 1. 1969 b. Foreign Exchange Management Act 2. 1951 c. Securities Exchange Board Of India Act 3. 1999 d. Monopolies and Restrictive Trade Practices Act 4. 1992 CESS is a Fees paid to lawyer for drawing a purchase deed of land is which type of expenditure?