Multiple Choice
Which of the following events could potentially qualify for reporting as an extraordinary item?
A) A city government sells city hall.
B) City Hall is hit by lightning and is significantly damaged by fire.
C) The city offers employees an early retirement incentive package and 15 employees accept the offer.
D) City has unexpected loss on sale of an investment in AT&T stock.
Correct Answer:
Verified
Correct Answer:
Verified
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