Which of the Following Is Not an Unusual Item

question 189

Multiple Choice

Which of the following is not an unusual item?

• A) a segment of the business being sold
• B) corporate income tax being paid
• C) a change from one accounting method to another acceptable accounting method
• D) closure of all outlet stores

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Definitions:

Registrar

is an organization or entity responsible for keeping records of bondholders and shareholders for companies and financial institutions.

Default Risk Premium

The portion of a nominal interest rate or bond yield that represents compensation for the possibility of default.

Inflation Premium

The extra yield on an investment that investors require as compensation for the loss of purchasing power due to inflation.

Bond Payments

The regular interest payments made to bondholders, as well as the return of principal at the bond's maturity date.