For an Event or Transaction to Be Classified as an Extraordinary

question 102

Multiple Choice

For an event or transaction to be classified as an extraordinary item in the income statement, it should be

• A)infrequent and material, but it need not be unusual in nature
• B)unusual in nature and material, but it need not be infrequent
• C)unusual in nature, infrequent, and material
• D)unusual in nature and infrequent, but it need not be material

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Definitions:

False Imprisonment

The unlawful restraint of a person without consent or legal justification, restricting their freedom of movement.

Safe Nursing Practice

The adherence to accepted standards and protocols by nursing professionals to ensure patient safety and quality care.

Invasion of Privacy

Unauthorized access or disclosure of personal information, or intrusive actions that violate someone's personal space or confidentiality.

Patient's Belongings

Personal items and effects that are owned and brought to a healthcare setting by a patient.