Examlex
The accompanying figure shows the construction of a typical deck. What is feature 5?
Extraordinary Items
Events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence.
Cumulative Effect
The total impact of a change in accounting principle on the net income reported in prior periods, if that change had been applied retrospectively.
Accounting Principle
A fundamental guideline or rule that underpins the financial reporting and accounting practices.
Common Shares Outstanding
The total number of shares of a corporation's stock that are currently owned by investors, including those held by institutional investors and company officers.
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