Extraordinary items and the results of discontinued operations are shown in the income statement net of any related income tax effects.

Name: Extraordinary items and the results of discontinued operations are shown in the income statement net of any related income tax effects.
Brand: Quizplus
Rating: 5.0 (43 reviews)

Question

Quizplus · Accepted Answer

Extraordinary items and the results of discontinued operations are shown in the income statement net of any related income tax effects, which means any taxes associated with these items are included in the net amount reported.

Extraordinary Items and the Results of Discontinued Operations Are Shown