Which of the Following Is Considered an Unusual Item Affecting

question 20

Multiple Choice

Which of the following is considered an unusual item affecting the prior period's income statement?

• A) a change in accounting principles
• B) fixed asset impairments
• C) an extraordinary item
• D) discontinued operations

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Definitions:

Soil Oxygen

The amount of oxygen present in the soil, essential for the respiration of plant roots and soil organisms.

Global Food Production

The worldwide process of growing, processing, and distributing foodstuffs to meet the demand of populations across the globe.

Increased Yields

The result of agricultural practices that lead to a higher output of crops per area of cultivation.