Examlex
Testing subsequent events List the audit procedures to be performed to determine if subsequent events have occurred and have been appropriately addressed.
Infrequent Event
An event or transaction that occurs rarely and is not expected to happen regularly in the normal course of business.
Continuing Operations
The parts or actions of a company that are anticipated to persist over the coming years, not including any operations that have been ceased.
Extraordinary Item
A significant and unusual transaction distinct from the ordinary activities of the business, no longer separately classified in financial statements due to changes in accounting standards.
Disposition Gain
A financial gain realized from the sale of an asset, exceeding its book value.
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