_____ In a Chapter 11 bankruptcy reorganization, bankruptcy-related losses and expenses incurred prior to the confirmation are to be reported as

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In a Chapter 11 bankruptcy reorganization, bankruptcy-related losses and expenses incurred prior to the confirmation are reported as a separate category in the income statement other than as an extraordinary item. This approach allows for the clear presentation of these costs without classifying them as extraordinary, which is reserved for events and transactions that are both unusual in nature and infrequent in occurrence.

_____ in a Chapter 11 Bankruptcy Reorganization, Bankruptcy-Related Losses and Expenses