Income or loss from discontinued operations is regarded as

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Quizplus · Accepted Answer

Income or loss from discontinued operations is considered transitory earnings because it is not expected to continue in the future. It refers to the income or loss resulting from the sale, disposal, or restructuring of a significant component or business segment of a company. Therefore, it is not part of a company's ongoing operations and is not expected to have a significant impact on its future earnings.

Income or Loss from Discontinued Operations Is Regarded as