Question
Segregating a company's recurring operating income from nonrecurring income sources is useful because a.nonrecurring income is irrelevant to stakeholders. b.recurring income is constantly changing. c.nonrecurring
Segregating a company's recurring operating income from nonrecurring income sources is useful because
a.nonrecurring income is irrelevant to stakeholders.
b.recurring income is constantly changing.
c.nonrecurring income is subject to greater management bias and uncertainty.
d.results from continuing operations have greater significance for predicting future performance.
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
