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Question 32 N An example of an extraordinary item on the income statement would be losses suffered b a firm due to the confiscation of
Question 32 N An example of an extraordinary item on the income statement would be losses suffered b a firm due to the confiscation of a company's property by a foreign government. True False Question 33 2 pts A loss suffered by a company as a result of the first eruption of a volcano would probably be an extraordinary item, if material. True False
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