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Which of the following would be considered an extraordinary item? I. Write-down of receivables II. Gains on disposal of a business segment III. Loss of
Which of the following would be considered an extraordinary item?
I. Write-down of receivables
II. Gains on disposal of a business segment
III. Loss of inventory resulting from a fire
IV. Loss resulting from a strike
a. I and IV
b. I, III, and IV
c. III only
d. I, II, and III
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