Question

When actual loss is _________ than the estimated loss, the difference between the two is considered to be abnormal gain.

• A. more
• B. less
• C. higher
• D. None of the Above

Answer 1

The correct option is B less

Losses can be defined as normal loss and abnormal loss. A loss which occurs normally during the process of production is called as normal loss. When actual loss is less than the estimated loss it is considered as abnormal gain. .