Question To qualify as an extraordinary item, a gain or loss must: 18 Select one: Not yet answere Marked out of 1 ed a. Affect the income of a prior period. b. Be associated with a segment of the business that has been discontinued during the current Fing ouestionperiod O c. Be material in amount, unusual in nature, and not expected to recur O d. Be larger in amount than any other item in the income statement