Which of the Following Might an Analyst Not Want to Eliminate

question 42

Multiple Choice

Which of the following might an analyst not want to eliminate from past earnings when using past earnings to forecast future earnings?

• A) nonrecurring gains from the sale of assets.
• B) unusual asset impairment charges.
• C) nonrecurring restructuring charges.
• D) revenue from the sale of inventory.

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Definitions:

Crawl

A movement involving the hands and knees or dragging the body along the ground.

Sit Unsupported

The ability of an individual to maintain an upright sitting position without external support.

Lophotrochozoa

A branch of the protostomes that includes the flatworms, nemerteans (proboscis worms), mollusks, annelids, and the lophophorate phyla.

Ecdysozoa

A branch of the protostomes that includes animals that molt, such as the rotifers, nematodes, and arthropods.