Which of the Following Qualify as an Extraordinary Item

question 90

Multiple Choice

Which of the following qualify as an extraordinary item?

• A) A large gift given to the company.
• B) A loss from obsolete inventory.
• C) A loss from a natural disaster that affects the company at infrequent intervals.
• D) None of the above.

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Definitions:

Equal Rights Amendment

A proposed amendment to the United States Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex, initially introduced in Congress in 1923 and passed in 1972 but not ratified by enough states.

Title IX

A U.S. federal law passed in 1972 that prohibits gender discrimination in any education program or activity receiving federal financial assistance.

Franklin v. Gwinnett County

A Supreme Court case in 1992 that allowed for damages to be awarded in cases of sex discrimination in schools under Title IX.

Affirmative Action Policies

Initiatives aimed at increasing access to education, employment, and other opportunities for historically marginalized groups to address past discrimination.