Items not included in the operating profit calculation under AASB 101 are:
A) prior period adjustments
B) events outside ordinary operations
C) adjustments due to changes in accounting policies
D) all of the above

Question

Quizplus · Accepted Answer

AASB 101 specifies that items not included in the operating profit calculation include prior period adjustments, events outside ordinary operations, and adjustments due to changes in accounting policies. Therefore, the correct choice is D, which includes all of the options.

Items Not Included in the Operating Profit Calculation Under AASB