Examlex
Regarding hypnosis and its uses, which of the following statements is FALSE?
Rigid Accounting Rules
Accounting practices that are strictly defined with little to no room for interpretation or flexibility in their application.
Infrequent Event
An event or transaction that occurs rarely and is not expected to happen regularly in the normal course of business.
Continuing Operations
The parts or actions of a company that are anticipated to persist over the coming years, not including any operations that have been ceased.
Extraordinary Item
A significant and unusual transaction distinct from the ordinary activities of the business, no longer separately classified in financial statements due to changes in accounting standards.
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