Which of the Following Items Is Not Likely to Be

question 149

Multiple Choice

Which of the following items is not likely to be considered an extraordinary item?

• A)Loss from an unexpected union strike.
• B)Condemnation of property by the city government.
• C)Loss of use of property due to a new and unexpected environmental regulation.
• D)Loss due to an earthquake in Florida.
• E)Expropriation of property by a foreign government.

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Definitions:

Strategic Planning Team

A group of individuals from various departments within an organization responsible for developing long-term goals and strategies.

Mission Statement

Written explanation of an organization’s business intentions and aims.

Company's Objective

A set of goals or objectives that a company aims to achieve, which guide its internal strategy and decision-making processes.

Measurable

Capable of being precisely quantified or assessed, often used in the context of goals or performance indicators.