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    Business
  3. Study Set
    Intermediate Accounting
  4. Exam
    Exam 5: Income Statement and Related Information
  5. Question
    To Be Classified on an Income Statement as an Extraordinary
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To Be Classified on an Income Statement as an Extraordinary

Question 11

Question 11

Short Answer

To be classified on an income statement as an extraordinary item, the transaction or event must be material in nature and To be classified on an income statement as an extraordinary item, the transaction or event must be material in nature and

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