A

Admin • 833.24K Points
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Q. Losses from natural disasters are classified as:

  • (A) Operating Expenses
  • (B) Revenue Loss
  • (C) Abnormal Loss
  • (D) Capital Loss
  • Correct Answer - Option(C)
  • Views: 22
  • Filed under category Accounting
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Explanation by: Admin

Such losses are unexpected and not related to normal operations, hence abnormal losses.

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