22 4 A company finds out that it had made a major accounting mistake in last year's financial statements. This should be reported and corrected under O Prior period adjustment Other item O Extraordinary items O Discontinued operations O Change in Accounting principle Question 23 A company sells part of its division and reports profit of the sold division separately. This should be recorded under O Discontinued operations O Extraordinary items Other items O Change in Accounting principle O Prior period adjustment 4 p Question 24 A tornado in New Jersey resulted in millions of loss damages. This should be reported under O Extraordinary items O Other item O Discontinued operations O Change in Accounting principle O Prior period adjustment Question 25 A tornado in Kansas resulted in millions of loss damages. This should be reported under O Extraordinary items O Other Items O Discontinued operations O Change in Accounting principle O Prior period adjustment