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How Would the Expenses of an Employee Strike Be Reported

Question 51

Multiple Choice

How would the expenses of an employee strike be reported on an income statement?


A) The expenses of an employee strike would be reported as a normal business event and as a part of net income from continuing operations.
B) The expenses of an employee strike would be reported as an extraordinary item.
C) The expenses of an employee strike would be reported as a discontinued operation.
D) The expenses of an employee strike would be reported as part of cost of goods sold.

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