Why Must Discontinued Operations and Extraordinary Items Be Reported Separately

question 165

Essay

Why must discontinued operations and extraordinary items be reported separately from income from operations on the income statement?

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Definitions:

Sexually Transmitted Infections

Infections that are primarily passed through sexual contact, involving bacteria, viruses, or parasites.

Suicide

The act of intentionally causing one's own death.

Front-facing Car Seat

A child safety seat designed to be installed facing the front of the vehicle, for children who have outgrown the rear-facing seat stage.

Crib

A bed with high sides for a baby or young child, designed to ensure the child's safety while sleeping.