When Items of Income and Expense Are Material,and Their Nature

question 6

Multiple Choice

When items of income and expense are material,and their nature and amount are separately disclosed,this could indicate the existence of:

• A) an extraordinary item.
• B) an abnormal item.
• C) an adjusting item.
• D) an unusual item.

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Definitions:

Notes Page View

In presentation software, a view mode that displays a slide alongside a space for speaker notes or additional details.

Bullet

A graphical symbol, typically a solid circle, used to introduce items in a list for clear and organized presentation.

Presentation File

A digital file containing a series of slides or visuals designed for display during a presentation.

Italicize Text

The styling of text in a slanted font to emphasize a point, denote titles, or distinguish terms from the rest of the text in written materials.