Multiple Choice
An example of an unusual and infrequent gain or loss is:
A) A large loss arising from inability to collect an account receivable from a bankrupt customer.
B) A large gain from disposal of a segment of the business.
C) A gain or loss from sale of an expensive machine no longer needed in the business.
D) A loss due to restructuring charges.
Correct Answer:
Verified
Correct Answer:
Verified
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