Which of the following is not considered as financial income —

CS Executive · Cost and Management Accounting · PYQS · December 2014
Which of the following is not considered as financial income —
(A) Interest received on bank deposits
(B) Transfer fees received
(C) Profit made on sale of investments, fixed assets, etc.
(D) Salary of the proprietor.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Salary of the proprietor..

Topics: Cost Accounting Fundamentals

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