When actual loss is less than the estimated loss, the difference between the two is considered to be……………
A) abnormal gain
B) abnormal loss
C) normal loss
D) income
Correct Answer:
Verified
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Q13: When the actual loss is more than
Q15: When actual loss is................than the estimated loss,
Q16: When actual loss is..........................than the estimated loss,
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Q19: .............……….process loss should be transferred to costing
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