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    Financial Accounting Study Set 10
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    Exam 11: The Income Statement, the Statement of Comprehensive Income, the Statement of Stockholders Equity
  5. Question
    An Event or Transaction Should Be Considered as an Extraordinary
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An Event or Transaction Should Be Considered as an Extraordinary

Question 43

Question 43

True/False

An event or transaction should be considered as an extraordinary item if it is unusual in nature and if it occurs infrequently.

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