Match Each Item with Its Definition

Match each item with its definition.
-Extraordinary Items

A) Useful for comparing one company to another or a company with industry averages
B) Focuses on a company’s ability to generate net income
C) The percentage analysis of the relationship of each component in a financial statement to a total within the statement.
D) An analysis of a company’s ability to pay its current liabilities.
E) Occurs when a company abandons a segment.
F) A percentage analysis of increases and decreases in related items in comparative financial statements.
G) Something that is both unusual and infrequent.
H) This requires a restatement of prior period financial statements.