Examlex
Review the following list of key terms and determine which one typically occurs during operational business process improvement.
Communications Company
A business that provides services related to the transmission of information through various media, including telephone, internet, and broadcasting.
Apparel Manufacturer
A business entity specialized in the production and distribution of clothing items.
Extraordinary Item
Unusual and infrequent gains or losses that are reported separately in the financial statements to give a clearer picture of a company's ongoing performance.
Income Reporting
The process of communicating the income generated by a business over a specific period, typically through financial statements like income statements.
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