Question

Under which method are extraordinary items presented separately in the statement of profit and loss?

A Vertical format only
B By nature or by function presentation — extraordinary items are prohibited under Ind AS
C Extraordinary items always shown above tax
D Extraordinary items shown as financing activity
E Extraordinary items shown in notes only
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)