Question: A material loss should be presented separately as a component of income from continuing operations when it is: Unusual in nature and infrequent in occurrence.

A material loss should be presented separately as a component of income from
continuing operations when it is:
Unusual in nature and infrequent in occurrence.
Not unusual in nature but infrequent in occurrence.
The cumulative effect of a change in accounting principle.
An extraordinary item.
A material loss should be presented separately as a component of

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