Which of the following is treated as a finance cost

under Ind AS?

A Dividend paid on equity shares Correct Answer Incorrect Answer

B Interest expense on borrowings Correct Answer Incorrect Answer

C Loss on sale of fixed assets Correct Answer Incorrect Answer

D Directors’ remuneration Correct Answer Incorrect Answer

E Premium on issue of shares Correct Answer Incorrect Answer

Solution

Finance cost includes interest and other costs incurred by an entity in connection with borrowing.

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