Practicing Success
Practicing Success
CUET Preparation Today
| Which of the following is an item of revenue from operations for a finance company? |
Revenue from interest Dividend Income from other financial services All of the above |
| All of the above |
| Revenue from operations : As per Schedule III of the Companies Act 2013, this includes: (i) Sale of products (ii) Sale of services (iii) Other operating revenues. In respect to a finance company, revenue from operation shall include revenue from interest, dividend and income from other financial services. It may be noted that each of the above heads shall be disclosed separately by way of notes to accounts to the extent applicable. |
