Question : What are non-operating expenses?
Option 1: Related to the business activities
Option 2: All direct expenses
Option 3: Not related to the normal business activities
Option 4: Office and administrative expenses
Correct Answer: Not related to the normal business activities
Solution : Answer = Not related to the normal business activities
Non-operating expenses are costs not directly related to the normal business activities or core operations of a company. These expenses include items such as interest expenses, losses from the sale of assets, and other charges not directly associated with generating revenue from primary business operations. Hence, the correct option is 3.
Question : ________________are incomes and expenses that arise from events or transactions that are clearly distinct from the ordinary business activities of the enterprise and, therefore, are not expected to recur frequently or regularly.
Option 1: Non-operating income
Option 2: Operating income
Option 3: Extraordinary items
Option 4: Operating expenses
Question : Which of the following is not operating expenses?
Option 1: Office Expenses
Option 2: Bad Debts
Option 3: Loss by Fire
Option 4: Selling Expenses
Question : Share issue expenses paid are shown as outflow under_______________.
Option 1: Operating activities
Option 2: Investing activities
Option 3: Financing activities
Option 4: None of the above
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