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متابعة

What expenses are paid out of operating income A) General Expenses B) interest Expenses C) Selling Expenses D) All of the given answers

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تم إضافة السؤال من قبل mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia
تاريخ النشر: 2015/01/30
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Finance costs are non-operating costs-- i.e. cost of borrowings in the form of interests. So the excluded expenses from operating income calculation is interest expenses--

and this interest is paid out of operating income.

answer option (B) interest Expenses

Data Ram Dotel
من قبل Data Ram Dotel , Finance and Procurement Officer , Build Mart Company WLL

 Interest Expenses is not include within Operating Income. 

Waqas Raza Khan
من قبل Waqas Raza Khan , Accountant , Cold Store Group of Saudi Arabia

Option (B)------ Interest Expenses

Ahmed kandil
من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany

correct answer is B 

interest expenses 

Atif Sheikh
من قبل Atif Sheikh , Senior Staff Accountant (Acting Business-Unit-Lead) , Arthur Lawrence

B - Interest Expense is paid from Operating Income as it is not a mandatory expense for pursuing operations.

Lesley Lanag CMA CPA
من قبل Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

I suppose this question is pertaining to the cash flow statement and not the income statement. Hence, my answer is D. All of the above.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

All of the given answers

 

 

 

 

 

 

Salah Othman Yousef Alshambaati
من قبل Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

answer option (B) interest Expenses

Sahar Alech
من قبل Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Not d, not selling expenses, yes interest expenses

mohamed Hakim CMA CPA Candidate
من قبل mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Answer B

interest expense is the right answer

 

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Answer B is correct - Interest expenses.