Which ol the following is not one of the possible nonrecurring items that must be shown in

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Which ol the following is not one of the possible nonrecurring items that must be shown in a separate line item below the Income from Continuing Operations subtotal in the income statement?

a. Gains and losses from the sale of fixed assets

b. Discontinued operations

c. Cumulative effect of changes in accounting methods

d. Extraordinary items

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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