Question: What three categories can unusual or extraordinary items be usefully subdivided into for purposes of analysis? Provide examples for each category. How should an analysis

What three categories can unusual or extraordinary items be usefully subdivided into for purposes of analysis? Provide examples for each category. How should an analysis treat items in each of these categories? Is a certain treatment implied under all circumstances? Explain.

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Nonrecurring Operating Gains or Losses By operating we usually identify items connected with the normal and usual operations of the business The concept of normal operations is more widely used than u... View full answer

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