Which of the following is often reported as an extraordinary item?
a. Amortization expense.
b. Impairment losses for intangible assets.
c. Research and development costs.
d. None of the above.
Answer: d. None of the above.
You might also like to view...
An inference of the existence of a general partnership is drawn in cases where profits are received in payment of wages owed to an employee
Indicate whether the statement is true or false
A manager at a local fast-food restaurant decides to motivate all his employees by allowing them to eat the food free of charge. Will this reward motivate employees?
A) This should work, because all employees value free food. B) This might work for some employees, but it might not work for others. C) This might work as long as the manager is equitable in distributing the food. D) This will not work. This action satisfies only the employees' subsistence needs.