Which of the following is the correct way to disclose a unusual or infrequent loss that has been deemed material? A. Reported in separate section of Income Statement called \" Unusual or infrequent gains or losses\" and supplemented by a footnote. B. Reported in operating revenues or expenses but not shown as a separate item. C. Reported in "Other revenues and gains" or "Other expenses and losses" section of Income Statement and supplemented by a footnote. D. Reported as a separate item below net income or loss in the Income Statement. Reset Selection