Which of the Following Is Not a Characteristic of Extraordinary

question 90

Multiple Choice

Which of the following is not a characteristic of extraordinary items reported on the income statement?

• A) appear near the end of the income statement
• B) reported separately from continuing operations
• C) shown net of tax effects
• D) is shown as a combined amount with discontinued operations

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Definitions:

Airfares

The cost of passenger transportation by airplane, which can vary based on factors like timing, class of service, and route.

Free Return Policy

A policy allowing customers to return purchased items at no additional cost, enhancing consumer trust and potentially increasing sales.

Shopping

The act of seeking and purchasing goods or services from stores or online platforms.

Zappos

An online retailer known for its extensive selection of shoes and clothing as well as exceptional customer service, including free returns and a strong commitment to customer satisfaction.