Examlex

Solved

The FASB Has Defined Two Items That Need to Be

question 236

True/False

The FASB has defined two items that need to be separated from the regular earnings of a business and reported net of taxes: discontinued operations and extraordinary items.


Definitions:

Disappear

To vanish or go out of sight; in medical terms, it could refer to the resolution of symptoms or findings.

Age

The length of time that a person has lived or a thing has existed.

Tongue Blade

A tool used in medical examinations to depress the tongue and allow for a better view of the throat and mouth.

Assessment

The systematic process of gathering and interpreting information to make decisions or solve problems.

Related Questions