When the actual loss is more than the estimated loss, the difference between the two is considered to be . . . . . . . .

abnormal loss
normal loss
loss
None of these

The correct answer is: A. abnormal loss

An abnormal loss is a loss that is greater than the expected loss. It is usually caused by unexpected events, such as natural disasters or accidents. Abnormal losses can be difficult to predict and can have a significant impact on a company’s financial performance.

A normal loss is a loss that is expected to occur in the normal course of business. It is usually caused by factors such as wear and tear or obsolescence. Normal losses are typically included in the cost of goods sold and are not considered to be extraordinary items.

A loss is a decrease in the value of an asset or an increase in liabilities. It can be caused by a variety of factors, such as fire, theft, or damage. Losses can also be incurred as a result of business operations, such as when a company sells goods at a loss.

None of these is not a correct answer.