Q183
If the actual loss is more than the estimated normal loss, then it is _________.
A.
abnormal loss
AnswerB.
normal loss
C.
seasonal loss
D.
abnormal gain
Answer: Option A
Solution
Answer: Option A
Solution:
If the actual loss is more than the estimated normal loss, then it is abnormal loss. Abnormal loss is the extra loss resulting when actual loss is greater than normal or expected loss, and it is given a cost.