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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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