[amp_mcq option1=”more” option2=”less” option3=”Both A and B” option4=”None of these” correct=”option1″]<\/p>\n
The correct answer is: A. more<\/p>\n
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.<\/p>\n
When actual loss is more than the estimated loss, the difference between the two is considered to be an abnormal loss. This is because the estimated loss is based on the assumption that the event will occur with a certain probability. If the event occurs with a higher probability than expected, or if the severity of the event is greater than expected, then the actual loss will be greater than the estimated loss.<\/p>\n
Abnormal losses can be covered by insurance, but they can also be absorbed by the company’s own resources. If a company experiences a large abnormal loss, it may need to take steps to reduce its costs or increase its revenues in order to offset the loss.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”more” option2=”less” option3=”Both A and B” option4=”None of these” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-46586","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"\n