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Which of the following statements regarding unusual income statement items is NOT true? In addition...

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Accounting

Which of the following statements regarding unusual income statement items is NOT true?

In addition to being reported on the income statement, information about discontinued operations should al

  • a. statements. If a company changes from one generally accepted accounting principle to another, the prior-period financial :
  • b. accounting principle had always been used.

O c. If an error is discovered in a prior period's financial statement, the prior-period statement and all following stat.

d. Unusual income statement items do not occur frequently and are typically related to current operations.

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