Temporary earnings are best characterized as: Select one: A. earnings that do not have corresponding cash flows. B. earnings that arise from events that are not likely to recur in the foreseeable future. C. earnings that do not conform to Generally Accepted Accounting Principles (GAAP). D. earnings from nonoperating activities, When selling property, plant, and equipment for cash: Select one: A. The seller recognizes a gain or loss for the difference between the cash received and the book value of the asset sold. B. The seller recognizes a gain or loss for the difference between the cash received and the fair value of the asset sold. C. The seller recognizes losses, but not gains. D. None of these answer choices are correct