Which of these is not reported on a statement of profit or loss?

Select one:

revenue from sales

provisions for warranty claims

finance costs

cost of goods sold

Clear my choice

Question 20

Question text

Which of these statements is incorrect?

Select one:

the valuation principle states that value is determined by competitive market price

the best investment decision maximises value in terms of cash at time zero

competitive market prices allow the opinions of decision-makers to influence decisions

there can only be one competitive market price for a good