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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
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) results from continuing operations have greater significance for predicting future performance
d) nonrecurring income is subject to greater management bias and uncertainty
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