Which of the Following Is a Recurring Item

question 26

Multiple Choice

Which of the following is a recurring item?

• A)Equity in earnings of nonconsolidated subsidiaries
• B)Error of a prior period
• C)Discontinued operations
• D)Extraordinary gain
• E)Cumulative effect of change in accounting principle

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Definitions:

Distribution

In statistics, the way in which values of a variable or a set of variables are spread or dispersed across different levels.

Outliers

Data points that fall significantly outside the range of values of the other observations, potentially indicating a measurement error or a novel finding.

Earthquakes

Earthquakes are the shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves.

Median

The central figure in an arranged sequence of values, splitting the collection of data into two equal parts.