Gains and losses from sales of individual operating assets may satisfy the criteria for extraordinary item treatment.

Name: Gains and losses from sales of individual operating assets may satisfy the criteria for extraordinary item treatment.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

Gains and losses from sales of individual operating assets are not considered extraordinary items because they result from ordinary business operations and are not both unusual in nature and infrequent in occurrence.

Gains and Losses from Sales of Individual Operating Assets May