Multiple choice

Which of the following is a non-operating income?

  1. Profit on sale of used plant in manufacturing company

  2. Revenue from sales in a trading concern

  3. Dividends received by an investment company

  4. Premium received by an insurance company

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Non-operating income is derived from activities outside the core business. Profit from the sale of a used plant is incidental and not part of the manufacturing company's primary operations.