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:

Situational Bias

The influence of environmental factors on an individual's behavior, choices, or perceptions, often leading to skewed decisions or judgments.

Auditory Processing Disorder

A hearing impairment where the brain has difficulty processing sounds, including understanding speech.

Consenting

Agreeing to or giving permission for something, especially in a legal or formal context.

Exhibitionists

Individuals who have a compulsion to expose their genitals in public places to strangers for sexual gratification.