Which of the following would appear as an unusual item on the income statement?
A) loss resulting from the sale of fixed assets
B) gain resulting from the disposal of a segment of the business
C) presentation of earnings per share
D) stock split

Question

Quizplus · Accepted Answer

A gain resulting from the disposal of a segment of the business is considered an unusual or infrequent item and is typically reported separately on the income statement.

Which of the Following Would Appear as an Unusual Item