Extraordinary Items Are Reported on the Income Statement as ________

question 226

Multiple Choice

Extraordinary items are reported on the income statement as ________.

• A)part of income from continuing operations
• B)separate line items that are part of any discontinued operations
• C)separate line items after income from continuing operations and after any discontinued operations
• D)items of other revenues and expenses

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Definitions:

Condoning

Condoning refers to the act of overlooking, forgiving, or disregarding an offense without criticism or punishment.

Verbalize

To express thoughts, feelings, or information in spoken words or articulate speech.

Intensity

The degree of strength, force, or concentration applied in an activity or by a phenomenon.

Interviewing Style

the particular manner or approach a person uses when conducting interviews.