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Discontinued Operations
Components of a company's business that have been disposed of or are classified as held for sale, and whose financial results are separated from ongoing operations.
Extraordinary Items
Events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence, providing insight into a company's financial health.
Continuing Operations
The parts of a business expected to continue for the foreseeable future, excluding any discontinued operations.
Accounting Principle
A rule or guideline that directs the accounting practices and procedures by providing a framework within which accounts are maintained.
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