Income from continuing operations,excluding special or nonrecurring items,is generally regarded as

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Quizplus · Accepted Answer

Income from continuing operations, excluding special or nonrecurring items, is considered as permanent earnings. This is because it represents the normal and recurring income generated by the company's ongoing operations, rather than one-time or temporary items. Therefore, it provides a more accurate indication of the company's long-term profitability and earnings potential.

Income from Continuing Operations,excluding Special or Nonrecurring Items,is Generally Regarded