alleryStart learning →Ordinary activities include business activities and those
AUnrelated to them
BIncidental to them
CProhibited by them
DForbidden by statute
Answer & Solution
Correct answer: B. Incidental to them
Related activities in furtherance of, incidental to or arising from the business also count as ordinary.
Keep practising AS 5 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
Browse all AS 5 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies questions for CA Inter, or explore more Accounting topics.
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