Examlex
Simplify the expression.
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Extraordinary Items
Events and transactions that are distinct from the ordinary activities of a company and have a significant impact on its financial position.
Discontinued Operations
Parts of a company's business that have been sold, disposed of, or otherwise terminated, which are reported separately from continuing operations in financial statements.
Systematic Allocation
The process of apportioning costs or revenues over a specific period in a methodical and logical manner, often used in depreciation and amortization.
Immediate Recognition
The accounting practice of recording revenues or expenses as soon as they are incurred, without deferral.
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