Which of the following is not generally considered to be a one-time, non- recurring, or nonoperating item?

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Which of the following is not generally considered to be a one-time, non- recurring, or nonoperating item?

(a) A gain on the sale of a business.

(b) An accounting change.

(c) An extraordinary item.

(d) The costs of operating a business.

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Understanding Financial Statements

ISBN: 9780131878563

8th Edition

Authors: Lyn M Fraser, Aileen Ormiston

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