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Definitions. Provide clear, concise answers for the following... What are the criteria (in addition to materiality) that must be met to classify an event or

  1. Definitions. Provide clear, concise answers for the following...
    1. What are the criteria (in addition to materiality) that must be met to classify an event or transaction as extraordinary?
    2. When does a discounted operation occur?
    3. Indicate how earnings per share is computed.
    4. State the primary category of prior period adjustments and indicate how they are reported in the financial statements

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