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The first step in the emotion-reducing model is to:
Unusual Item
A term used in financial accounting to refer to gains or losses that are infrequent or unusual in nature, not part of the company's ordinary operations.
Accounting Method
A set of rules used to determine when and how income and expenses are reported in the financial statements.
Business Segment
A distinct part of a company that can be separated for analyzing its financial performance, often by product line or geographical location.
Independent Auditor's Report
A document provided by an independent auditor as a result of an audit or evaluation of a company's financial statements, giving an opinion on the financial statements' accuracy and compliance with accounting standards.
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