Examlex
Thinking Cap Corp. prices its various cap designs at different price levels, ranging from $2.05 to $5.95. This is an example of optional product pricing.
Revenue Recognition
The principle in accounting that outlines the exact situations in which revenue is to be acknowledged and accounted for.
Transitory Earnings
Earnings that are considered temporary or not expected to persist over time, often removed from projections or models that attempt to predict a company's future profitability.
Extraordinary Loss
Unusual and infrequent charges that are reported separately on a company's income statement, outside of its regular business operations.
Discontinued Operations
Refers to segments or lines of business that a company has decided to sell, dispose of, or otherwise cease operations, and are reported separately from continuing operations in financial statements.
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