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While calculating operating profit, the ...

While calculating operating profit, the following are not taken into account.
1) Normal transactions
2) Abnormal items
3) Expenses of a purely financial nature
4) (ii) & (iii)

A

Normal transactions

B

Abnormal items

C

Expenses of a purely financial nature

D

(ii) & (iii)

Text Solution

Verified by Experts

The correct Answer is:
correct answer is option 3: Expenses of a purely financial nature
Operating profit is that the profit attained through the traditional operations and activities of the business. However, whereas calculative operational profit expenses that ar of economic nature don't seem to be taken into thought. operational profit is that the way over operational revenue over operational expenses.
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