Positioning is often perilous. Which of the following companies had been lobbied heavily to increase its commitment to its own causes?

In regards to extraordinary items, which of the following statements is not correct?

A) Losses due to lawsuits do not qualify as extraordinary. B) An extraordinary gain is reported the same as a loss - net of the income tax effect. C) Taking of a company assets by a foreign government are generally considered to be extraordinary items. D) Extraordinary items are reported separately from continuing operations because of their infrequent and unusual nature.

What are the two forms of preventive damage control measures?

What will be an ideal response?