A security analyst states: Accountants could increase the usefulness of income statements if they included only recurring
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A security analyst states: "Accountants could increase the usefulness of income statements if they included only recurring income items in the income statement and reporting nonrecurring items directly in retained earnings, bypassing the income statement." Do you agree?
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Related Book For 
Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780324183511
10th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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