Which of the Following Is Not True Regarding Restructuring Charges

question 55

Multiple Choice

Which of the following is not true regarding restructuring charges?

• A) Restructuring charges reflect a loss in asset values of assets no longer consistent with a company's strategic plan.
• B) Severance pay for employees working at terminated operations may be a component of restructuring charges.
• C) Restructuring charges may include plant closing costs.
• D) Restructuring charges are reported as extraordinary items.

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Definitions:

Mastery Orientation

An approach to learning and achievement that focuses on understanding, mastering content, and self-improvement rather than comparison with others.

Performance Orientation

A focus on achieving success and demonstrating competence in task performance.

Fear of Failure

The intense worry or dread of not meeting a set standard of performance or not achieving success.

Drive Accounts

Explanations that attribute behavior to internal states of arousal or need that propel individuals towards specific goals.