Which of These Is Not an Expense Item That Requires

question 16

Multiple Choice

Which of these is not an expense item that requires separate disclosure under the accounting standards in the statement of profit or loss and other comprehensive income or in the notes attached to the statement?

• A)Impairment expenses of non-current assets
• B)Bad and doubtful debts
• C)Office expenses
• D)Interest paid

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Definitions:

We-Viewpoint

A communication perspective that emphasizes inclusivity and collective interest by using pronouns such as "we" and "us."

Direct Order

A command or instruction given clearly and explicitly, leaving no room for ambiguity or choice.

Cluttered Phrase

A phrase that is overly complex and difficult to understand, often due to unnecessary words or convoluted structure.

External Proposal

A formal suggestion or plan submitted to those outside an organization for consideration or decision.