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Which of the Following Is an Example of an Extraordinary

Question 11

Multiple Choice

Which of the following is an example of an extraordinary item in reporting results of operations?


A) A loss incurred because of a strike by employees
B) The write-off of deferred research and development costs believed to have no future benefit
C) A gain resulting from the devaluation of the U.S.dollar
D) A gain resulting from the state exercising its right of eminent domain on a piece of land used as a parking lot

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