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Discontinued Operations
Parts of a company's core business or product lines that have been sold, disposed of, or terminated, no longer continuing its previous course of operation.
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.
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