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Income From Continuing Operations
Earnings generated from the normal, recurring activities of a business, excluding any one-time transactions or discontinued operations.
Nonrecurring Losses
Losses that are not expected to happen again in the foreseeable future, differentiated from normal business operations.
Accounting Events
Transactions or occurrences that result in changes to the financial statements of a company, requiring recognition or disclosure.
Period-To-Period Consistency
An accounting principle ensuring the application of the same accounting methods and principles from one period to the next to ensure financial comparability.
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