Which of the Following Is Considered an Unusual Item Affecting

question 20

Multiple Choice

Which of the following is considered an unusual item affecting the prior period's income statement?

• A) a change in accounting principles
• B) fixed asset impairments
• C) an extraordinary item
• D) discontinued operations

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Definitions:

Inherited

Traits or conditions passed down from parent to offspring through genes in the DNA.

Hair Loss

The loss of hair from the scalp or body, which can be due to a variety of causes, including genetics, health conditions, and treatments.

Hormonal Changes

Adjustments in the body's chemical messengers that can affect a wide range of bodily functions, including metabolism, sexual function, reproduction, mood, and growth.

Medical Attention

Professional care provided by a healthcare provider to treat illness or injury, often requiring expertise.