Extraordinary Items of Income and Expense

question 45

Multiple Choice

Extraordinary items of income and expense:

• A) must be disclosed in the statement of profit or loss and other comprehensive income.
• B) were previously disclosed together with the entity's normal trading activities.
• C) must be disclosed in the notes to the financial statements.
• D) are prohibited from being disclosed either in the statement of profit or loss and other comprehensive income or in the notes.

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Definitions:

Gender Roles

The social and behavioral norms prescribed for individuals based on their perceived or actual gender in a given society.

Glans Penis

The head of the penile shaft.

Sexual Arousal

The physiological and psychological state of being stimulated or excited sexually, leading to physical and emotional responses.

Nerve Endings

Specialized structures at the end of nerves that respond to various stimuli such as touch, pain, or temperature, sending messages to the brain.