menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 17: Financial Statement Analysis
  5. Question
    An Extraordinary Item Results from
Solved

An Extraordinary Item Results from

Question 11

Question 11

Multiple Choice

An extraordinary item results from


A) a segment of the business being sold.
B) corporate income tax being paid.
C) a change from one accounting method to another acceptable accounting method.
D) a transaction or event that is unusual and occurs infrequently.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: Using vertical analysis of the income statement,

Q12: Which of the following items appear on

Q13: A company reports the following:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2013/.jpg"

Q14: A company reports the following:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2013/.jpg"

Q15: Prepare an Income Statement using the following

Q38: An acceleration in the collection of receivables

Q64: A company with working capital of $720,000

Q125: The purpose of an audit is to<br>A)

Q139: The effects of differences in accounting methods

Q147: The number of days' sales in inventory

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines