Question: . An analyst reviewing a firm with a large reported restructuring charge to earnings should: A. view expenses reported in prior years as overstated. B.

. An analyst reviewing a firm with a large reported restructuring charge to earnings should:

A. view expenses reported in prior years as overstated.

B. disregard it because it is solely related to past events.

C. consider making pro forma adjustments to prior years’ earnings.

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