A Loss on the Write Down of Obsolete Inventory Should

question 119

Multiple Choice

A loss on the write down of obsolete inventory should be reported as

• A)"other expenses and losses."
• B)part of discontinued operations.
• C)an operating expense.
• D)an extraordinary item.

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Definitions:

Nutrition Counselor

A nutrition counselor is a professional who provides guidance and advice on dietary habits and nutrition for the improvement of health.

Individualized

Tailored or customized to meet the specific needs, preferences, or circumstances of an individual.

Whole Grains

Grains that contain all essential parts and naturally-occurring nutrients of the entire grain seed, offering health benefits over refined grains.

Saturated Fat

A type of fat found in animal products and some plant oils, known for raising cholesterol levels and potentially increasing heart disease risk.