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Question Practice

Which type of transactions should NOT be included when calculating Operating Profit?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

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

Which type of transactions sho...

Single Answer MCQ
Q-00053513

Which type of transactions should NOT be included when calculating Operating Profit?

1

Normal business transactions

2

Abnormal items like fire loss

3

Recurring operational costs

4

Fixed costs like rent

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In a Profit and Loss Account, which of the following is deducted from Gross Profit to find Operating Profit?

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Q4.

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