Which of the Following Is Considered an Unusual Item Affecting

question 138

Multiple Choice

Which of the following is considered an unusual item affecting the prior period's income statement?

• A) a change in accounting principles
• B) fixed asset impairments
• C) sale of company stores in Florida
• D) discontinued operations

Recognize the role and importance of operations management in long-term organizational health.

Understand the critical aspects of defining project scope and managing client expectations.

Comprehend the unique nature of projects and project management.

Understand the impact of timing on project costs and scope changes.

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Definitions:

Defeated

Having been overcome in a battle, competition, or other form of contest; to have lost.

Herbert Hoover

The 31st President of the United States, serving from 1929 to 1933, known for his administration’s response to the Great Depression.

Franklin Delano Roosevelt

The 32nd President of the United States (1933-1945) who led the country during the Great Depression and World War II, implementing the New Deal.

New Dealers

Proponents and implementers of the New Deal, a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.