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    Question

    Which of the following is not shown in the statement of

    profit and loss under Ind AS?
    A Revenue from operations Correct Answer Incorrect Answer
    B Finance costs Correct Answer Incorrect Answer
    C Other comprehensive income (OCI) items Correct Answer Incorrect Answer
    D Tax expense Correct Answer Incorrect Answer

    Solution

    OCI items are presented in the "Statement of Profit and Loss and Other Comprehensive Income" separately from the Profit & Loss section, or in a separate "Statement of Other Comprehensive Income."

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