Non-ordinary items resulting in income or loss
A)include unusual but not infrequent gains.
B)are treated the same as ordinary items when calculating the effective tax rate.
C)are always treated as a total group when calculating the effective rate for the quarter.
D)are always excluded from interim reporting.

Question

Non-ordinary items resulting in income or loss
A)​include unusual but not infrequent gains.
B)​are treated the same as ordinary items when calculating the effective tax rate.
C)​are always treated as a total group when calculating the effective rate for the quarter.
D)​are always excluded from interim reporting.

Quizplus · Accepted Answer

The Answer is A

Non-Ordinary Items Resulting in Income or Loss