For a Transaction to Be Classified as an Extraordinary Item

Multiple Choice

For a transaction to be classified as an extraordinary item it must be

A) Unusual in nature and infrequent in occurrence.
B) Unusual in nature or infrequent in occurrence but not under the control of management.
C) Unusual in nature or infrequent in occurrence and under the control of management.
D) Unusual in nature or infrequent in occurrence.