What Effect Does an Extraordinary Item Have on the Taxes

question 60

Multiple Choice

What effect does an extraordinary item have on the taxes of a company?

• A) Taxes are increased with an extraordinary gain or loss
• B) Taxes are decreased with an extraordinary gain or loss
• C) Taxes are increased with an extraordinary loss and decreased with an extraordinary gain
• D) Taxes are increased with an extraordinary gain and decreased with an extraordinary loss

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Definitions:

File Explorer

A file management application included in Microsoft Windows operating systems, used for browsing, opening, and managing files and folders.

Navigate Between Folders

The action of moving through directories in a computer's file system or an email client to access different files or emails.

Clipboard

A temporary storage area on computers and mobile devices where data can be stored for short-term use and transferred between applications.

Date Modified

The details indicating when a file or document was last altered, saved, or updated.