The Following Data (In Thousands of Pounds) Have Been Taken

question 52

Multiple Choice

The following data (in thousands of pounds) have been taken from the accounting records of Karmint Corporation for the just completed year:

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The net operating profit for the year (in thousands of pounds) was:

• A)£140.
• B)£170.
• C)£110.
• D)£410.

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Definitions:

Driving Violation

An act of breaking or disregarding the laws that regulate vehicle operation on public roads, potentially leading to penalties such as fines, points on a license, or other legal consequences.

Social Insurance

A system where government or a public agency provides financial support to individuals to cover specific risks such as unemployment, aging, or disability.

Government Spends

The total financial expenditures of a government on public services, infrastructure, defense, welfare, and administration.

Insurable Interest

A party who has an interest in property or life.