A Material Item Which Is Unusual in Nature or Infrequent

question 89

Short Answer

A material item which is unusual in nature or infrequent in occurrence, but not both should be shown in the income statement

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Definitions:

Blood Cultures

Laboratory tests involving the cultivation of blood samples to detect and identify pathogens present in the bloodstream.

Chronic Lung Disease

A broad term for long-term respiratory conditions that obstruct airways and affect lung function.

Shortness Of Breath

A condition where an individual experiences difficulty breathing, often described as feeling breathless or suffocated.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, absorbed by plants in photosynthesis.