Which of the following expenses do not require separate disclosure under the accounting standards in the statement of profit or loss and other comprehensive income or in the notes attached to the statement?
A) Rent expense
B) Interest paid
C) Bad and doubtful debts
D) Impairment expenses of non-current assets

Question

Quizplus · Accepted Answer

Rent expense does not require separate disclosure as it is already included in the operating expenses section of the statement of profit or loss and other comprehensive income. Interest paid, bad and doubtful debts, and impairment expenses of non-current assets are all separately disclosed in the statement or notes according to the accounting standards.

Which of the Following Expenses Do Not Require Separate Disclosure