Under the Current Accounting Standards,which of the Following Items Is

question 12

Multiple Choice

Under the current accounting standards,which of the following items is not included in the measurement of profit in the statement of profit or loss?

• A) Loss on the disposal of non-current assets.
• B) Gain on asset revaluation.
• C) Cost of sales.
• D) Dividends received.

---

Definitions:

Repetitive Behaviours

Actions that are performed over and over again, often a symptom of neurodevelopmental disorders.

Autistic Spectrum Disorder

A range of neurodevelopmental conditions characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication.

Autistic Spectrum Disorder

A variety of conditions related to brain development, marked by difficulties in communication, social abilities, and repetitive actions.

Former Asperger's Disorder

Once considered a distinct autism spectrum disorder characterized by significant difficulties in social interaction and nonverbal communication, along with restricted and repetitive patterns of behavior and interests; now merged into the diagnosis of autism spectrum disorder.