If a material event is either unusual in nature or an infrequent occurrence—such as a one-time charge resulting from a major res

Question

2 years ago

5

If a material event is either unusual in nature or an infrequent occurrence—such as a one-time charge resulting from a major res

tructuring—it may be classified on the income statement as a special or unusual item in continuing operations or treated as an extraordinary item if it has been a number of years since the company’s last major restructuring.
a. True
b. False

Business

1 answer:

PtichkaEL [24] · Answer 1 · 2022-04-25T20:29:43+03:00

PtichkaEL [24]2 years ago

7 0

Answer:

False

Explanation: