Which of the following is NOT a criterion for qualifying as an extraordinary item?

Question

Quizplus · Accepted Answer

All of the criteria (material in amount, infrequent in occurrence, unusual in nature) must be met for an item to qualify as an extraordinary item. Furthermore, the item must be considered significant and not related to the company's normal operations. Therefore, if an item is peripheral to normal operations, it would not qualify as an extraordinary item.

Which of the Following Is NOT a Criterion for Qualifying