Segregating a Company's Recurring Operating Income from Nonrecurring Income Sources

question 49

Multiple Choice

Segregating a company's recurring operating income from nonrecurring income sources is useful because

• A) recurring income is constantly changing.
• B) nonrecurring income is subject to greater management bias and uncertainty.
• C) results from continuing operations have greater significance for predicting future performance.
• D) nonrecurring income is irrelevant to stakeholders.

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Definitions:

Statistics

The science of collecting, analyzing, presenting, and interpreting data.

Top Values Query

In database or spreadsheet applications, it refers to a query designed to return the highest-ranking or leading values from a set of data based on specified criteria.

Highest Values

The top or maximum numbers within a set of data or numerical entries.

Unsorted Records

Data entries that have not been arranged in any specific order, making them potentially harder to search or analyze.