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    Exam 11: Evaluating Performance: Earnings Quality, the Income Statement, the Statement of Comprehensive Income
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    The Following Items Are Extraordinary Items EXCEPT
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The Following Items Are Extraordinary Items EXCEPT

Question 22

Question 22

Multiple Choice

The following items are extraordinary items EXCEPT:


A) loss due to hurricane damage of plant in Wisconsin.
B) loss of vehicles due to damage from blizzard in Southern California.
C) loss due to expropriation of company assets by a foreign government.
D) loss on lawsuit.

Correct Answer:

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