If the actual loss is more than the estimated normal loss, then it is _________.

A. abnormal loss

B. normal loss

C. seasonal loss

D. abnormal gain

Answer: Option A

Solution(By Examveda Team)

If the actual loss is more than the estimated normal loss, then it is abnormal loss. Abnormal loss is the extra loss resulting when actual loss is greater than normal or expected loss, and it is given a cost.