Which of the Following Is NOT True About Unusual or Infrequent

question 30

Multiple Choice

Which of the following is NOT true about unusual or infrequent events?

• A)They may be segmented from other results on the income statement.
• B)They are treated the same way as extraordinary items on the income statement
• C)These items are often reported with other non-operating items.
• D)They include events like labour disputes and organizational restructuring.

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Definitions:

Forecast

A prediction or estimate of future events or trends, especially related to economic or weather conditions.

Last Year

A term that refers to the immediate past calendar year or the most recent complete fiscal year.

Well-Diversified Portfolio

A portfolio containing a wide variety of investments which aims to reduce risk by spreading investments across different assets.

Single Index Model

A simplified model to estimate the return of a stock based on the performance of a single market index and the stock's sensitivity to that index.