Which of these is not an expense item that requires 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) Bad and doubtful debts
C) Impairment expenses of non-current assets
D) Interest paid

Question

Quizplus · Accepted Answer

All the other options (B, C, and D) are expenses that require separate disclosure under accounting standards either in the statement of profit or loss and other comprehensive income or in the notes attached to the statement. Rent expense is commonly disclosed as part of operating expenses and does not require separate disclosure under accounting standards.

Which of These Is Not an Expense Item That Requires