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  3. Study Set
    Intermediate Accounting
  4. Exam
    Exam 5: Income Statement and Related Information
  5. Question
    The FASB Has Specifically Prohibited a Net-Of-Tax Treatment for Gains
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The FASB Has Specifically Prohibited a Net-Of-Tax Treatment for Gains

Question 45

Question 45

True/False

The FASB has specifically prohibited a net-of-tax treatment for gains and losses that are either unusual or nonrecurring but not both.

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