A Gain on Bond Redemption

question 175

Multiple Choice

A gain on bond redemption

• A)is considered unusual and infrequent.
• B)should be treated as part of operating income.
• C)decreases a company's income.
• D)is always included when predicting a company's future income.

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Definitions:

Consumer Choice

The decision-making process by which individuals select from available alternatives to maximize their satisfaction.

Income Rises

An increase in the amount of money earned from work, investments, or other sources over a period of time.

Particular Good

A specific item or product that is distinguished by its unique characteristics and attributes, offering distinct benefits to the consumer.

Budget Constraint

The limitations on the consumption choices of an individual or family due to their income and the prices of goods and services.