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Which of the following would be classified as an extraordinary item on the income statement? a. Loss on disposal of a segment of the business.

Which of the following would be classified as an extraordinary item on the income statement?

a. Loss on disposal of a segment of the business.
b. Cumulative effect of a change in accounting principle.
c. A sale of fixed assets.
d. An error correction that relates to a prior year.
e. A loss from a flood in a location that would not be expected to flood.

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