Profit on exchange differences arising on transaction of foreign operations are classified as: O a. Operating income O b. Other comprehensive income c. Interest income Od. Investment income What does reinsurance accepting company do? O a. Receive commission from policyholders O b. Receive commission from ceding company O c. Pay commission to policyholders d. Pay commission to ceding company Clear my choice In a life insurance company, if the net premium received is RO 252,000 and the bonus in reduction of premium is RO 28,000 then: a. Revenue account on the credit side will show OMR 280,000 as income and on the debit side OMR 28,000 as expense Ob. Revenue account on the debit side will show OMR 280,000 as income and on the credit side OMR 28,000 as expense O c. Revenue account on the debit side will show OMR 28,000 as income and on the credit side OMR 280,000 as expense d. Revenue account on the credit side will show OMR 28,000 as income and on the debit side OMR 280,000 as expense Clear my choice